As part of the process of forming Abra Bank in the U.S. and Abra International outside the U.S. (announced on Sept 12, 2022), Abra has launched Abra Boost! Abra Boost is a new product offering that will enable all qualified investors to deposit and earn interest on their digital assets.

Abra Boost is available to all non-U.S. individuals, institutional investors, and U.S. individuals who are accredited investors. This requirement will be in effect until Abra Bank launches in the U.S.

Note: Outside the U.S., Abra Boost is available to all individual and institutional investors with no additional action required.

How Can I Become an Accredited Investor with Abra?

Abra supports the following two methods to become a verified accredited investor:

• Income of over $50,000 as an individual, or over $100,000 when combined with a spouse for each of the last 2 years (also called as the “Income Standard”).
• Net worth or joint net worth with a spouse of at least $1 million, not including the value of their primary residence (also called as the “Net Worth Standard”).

To learn more about the documents required to fulfill either Standard, please click here.

Note: You can use either “Income Standard” or “Net Worth Standard” to become a verified accredited investor – you do not need to use both.

When you have your documents ready, you can contact Abra Customer Support to receive instructions to upload and submit.