Bill Barhydt, founder and CEO of Abra, describes its new product, the BIT10, which it created in partnership with Bitwise Asset Management (full disclosure: Bitwise previously sponsored my podcasts). He outlines the way the token is similar to an ETF — for instance, it rebalances monthly — and the ways in which it differs. We also compare and contrast it to similar offerings announced by Coinbase and Circle. Bill also explains Abra’s overall strategy and recent pivot, why it is built on Bitcoin and its future plans.
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Bill Barhydt: https://twitter.com/billbarhydt