In the cryptocurrency world, there is no shortage of coins and new currencies. Abra, the popular cryptocurrency wallet provider, is issuing its own token. Unlike what other service providers have done, Abra is linking this token to the Bitwise 10 Crypto index.
The new Abra Token Explained
It is rather uncommon to see new cryptocurrency tokens being linked to an investment fund. At the same time, one has to wonder why no one thought of this opportunity sooner. Given the growing demand for exposure to all cryptocurrencies, it is only normal service providers look for ways to streamline the investment process accordingly.