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- Abra Appoints Shervin Pishevar as Co-Chairman Amid Rapid Growth
Abra Appoints Shervin Pishevar as Co-Chairman Amid Rapid Growth
Slice of Finance Team
25 Sep
Key Highlights:
Abra appoints Shervin Pishevar as Co-Chairman, joining Bill Barhydt to lead strategic growth initiatives.
Abra’s digital asset services experience significant growth, expanding client base and assets under management.
Pishevar brings experience from successful investments in Uber, SpaceX, and more.
Abra Prime, Private, and Treasury platforms achieve notable milestones in six months.
Source: Business Wire
Notable Quotes:
"Shervin is not only one of the most successful venture capitalists in Silicon Valley but is also a true believer in the power of Bitcoin and crypto to create a future of financial services that is digital, open and borderless."
"I am excited to join Abra during such a dynamic time in its evolution... we have many exciting announcements to come that systemically change how the world works."
Our Take:
Shervin Pishevar’s appointment as Co-Chairman at Abra reflects the company’s strategic focus on scaling its digital asset services. With Pishevar’s deep background in scaling startups like Uber and SpaceX, his expertise aligns well with Abra's growth trajectory. His addition is likely to enhance Abra’s market position, especially as the firm expands its prime services for institutions, private clients, and corporates. This move further underscores Abra’s commitment to pioneering the future of decentralized finance (DeFi) solutions.