Crypto Platform Abra Appoints Justin McMahan as Chief Financial Officer

Job Appointments | March 24, 2022 By:

Wealth management cryptocurrency platform Abra has announced that Justin McMahan has joined the firm as Chief Financial Officer.

Founded in 2014, Abra’s users earn high yield on their crypto assets, trade over 100 different crypto currencies and borrow dollars against crypto holdings. Abra has processed over 1 billion dollars in crypto backed loans and has paid millions of dollars in interest payments to retail and institutional clients alike. Abra is headquartered in Silicon Valley with offices around the globe.

With over 20 years of experience in fintech, trading, capital markets, asset management, and wealth management, McMahan is a seasoned finance executive helding senior roles with increasing levels of responsibility at Tower Research Capital. Prior to joining Tower Research, he was a Managing Director and Head of Operations of Treasury & Client Services at Serengeti Asset Management, an investment management firm. He previously spent 13 years at Morgan Stanley, where he held a variety of roles, including Executive Director of Prime Brokerage Capital Introductions & Risk.

“Justin is an exceptional add to the firm as we continue to build out and differentiate our team with accomplished professionals across digital assets, traditional finance, and wealth management,” said Bill Barhydt, founder and Chief Executive Officer of Abra. “Justin’s proven track record in executing transformational financial services solutions and leading businesses through dynamic stages of their evolution will be instrumental as we expand our platform and democratize access to the crypto economy.”

“Bill is an established entrepreneur who has thoughtfully and successfully built a leading wealth management platform that makes accessing cryptocurrency easier, safer, and more reliable,” said Justin McMahan. “Abra has cemented itself as a dominant player in this disruptive space, and I am humbled to join this extremely talented team that is providing customers with truly unique access to cryptocurrency markets.”