Abra has introduced AbraFi, a new Solana-based platform for synthetic asset tokenization. The platform will function as a decentralized autonomous organization (DAO), with governance and revenue distribution managed by AFI token holders. AbraFi's inaugural product is USDAF, a synthetic dollar backed by SOL, USDT, and USDC. Currently in seed funding, AbraFi is targeting a launch around January 1. Additionally, Abra is considering an initial public offering (IPO) in the first quarter of 2026.
Abra Unveils Solana-Based AbraFi Platform and USDAF Stablecoin
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