Abra Opens Up Platform to 60 More Cryptocurrencies for U.S. Users

Investment app provider Abra is pushing into every 7-Eleven in the Philippines to sell cryptocurrency for cash. Bill Barhydt, CEO of Abra, joined to discuss the company's international expansion, and whether Facebook can survive pressure from lawmakers. Tell us about the partnership with E-C-PAY that is facilitating this expansion.

The crypto-craze is real, and a long list of companies are jumping on board to become early adopters of the potential revolutionary technology. One of those companies is Abra, a global currency wallet allowing consumer to buy, store, and invest cryptocurrencies. Bill Barhydt, Abra's CEO, was with us to explain how his platform is different from players such as Coinbase and Robinhood.

Abra, a five-year-old crypto company that has historically been focused on remittances, is starting to look like a fintech app itself; it will soon give users the ability to use their bitcoin to invest in traditional assets “like Apple, Amazon, gold and the S&P 500," according to a customer email it sent late Tuesday.