RATE Group | What Stellar’s Investment In Abra Means For The ‘Robinhood Of Cryptocurrency’
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What Stellar’s Investment In Abra Means For The ‘Robinhood Of Cryptocurrency’

24 May What Stellar’s Investment In Abra Means For The ‘Robinhood Of Cryptocurrency’

Posted at 16:42h in Cryptocurrency News by

Today, the Stellar Development Foundation, a non-profit organization that supports the development and growth of the Stellar blockchain network announced a $5m investment in Abra, a leading cryptocurrency wallet and exchange application, as part of an overall strategic partnership between the two organizations.

What is notable about this development is that it is a partnership between two organizations that share a deep seated and profound passion around the role that technology can play in increasing worldwide financial inclusion.

Together, the two organizations have the capability to jointly deploy a cheap and easy-to-access alternative financial infrastructure that can offer financial services to those that are unable to access a bank, or live in countries that either have unstable economic environments or authoritarian regimes that restrict their activities.

Abra – The Robinhood Of Cyrptocurrency

Abra was founded by in 2014 in…

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