{"id":569745,"date":"2026-03-16T16:52:44","date_gmt":"2026-03-16T16:52:44","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/03\/16\/abra-targets-nasdaq-listing-in-750m-deal-with-new-providence-spac\/"},"modified":"2026-03-16T16:52:44","modified_gmt":"2026-03-16T16:52:44","slug":"abra-targets-nasdaq-listing-in-750m-deal-with-new-providence-spac","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/03\/16\/abra-targets-nasdaq-listing-in-750m-deal-with-new-providence-spac\/","title":{"rendered":"Abra targets Nasdaq listing in $750M deal with New Providence SPAC"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjYtMDEvMDE5YzEwMTUtNWI1MS03ZGQzLWEzM2MtYzBmZDBmNDk2ZGZkLmpwZw==.jpg\" alt=\"Abra targets Nasdaq listing in $750M deal with New Providence SPAC\" class=\"type:primaryImage\" \/><\/p>\n<p>Crypto wealth manager Abra plans a Nasdaq debut through a SPAC merger, joining a growing wave of digital asset companies tapping public markets for capital.<\/p>\n<p>Digital asset wealth management platform Abra is going public through a reverse merger with special purpose acquisition company New Providence Acquisition Corp. III, marking the latest attempt by a crypto company to access public markets as investor interest in the sector rebounds.<\/p>\n<p>On Monday, Abra <a title=\"https:\/\/www.businesswire.com\/news\/home\/20260316571081\/en\/Abra-a-Digital-Asset-Wealth-Management-Platform-to-Become-a-Public-Company-via-Business-Combination-With-New-Providence-Acquisition-Corp.-III\" href=\"https:\/\/www.businesswire.com\/news\/home\/20260316571081\/en\/Abra-a-Digital-Asset-Wealth-Management-Platform-to-Become-a-Public-Company-via-Business-Combination-With-New-Providence-Acquisition-Corp.-III\" target=\"_blank\" rel=\"nofollow noopener\">announced<\/a> that it had signed a definitive agreement with the blank-check company, or SPAC, valuing the crypto wealth manager at a pre-money equity valuation of $750 million.<\/p>\n<p>Existing investors, including Pantera Capital, Blockchain Capital, RRE Ventures, Adams Street and SBI, will roll over their shares into the combined entity rather than cashing out.<\/p>\n<p><a href=\"https:\/\/cointelegraph.com\/news\/abra-nasdaq-spac-new-providence-crypto-wealth-manager-public-listing\">Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Crypto wealth manager Abra plans a Nasdaq debut through a SPAC merger, joining a growing wave of digital asset companies tapping public markets for capital. Digital asset wealth management platform Abra is going public through a reverse merger with special purpose acquisition company New Providence Acquisition Corp. III, marking the latest attempt by a crypto [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":569746,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-569745","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/569745","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=569745"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/569745\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/569746"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=569745"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=569745"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=569745"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}