Cryptocurrency asset management platform Abra announced that it has expanded its partnership with Fireblocks to enable new Strategy Tokens to be automatically transferred to custody institution systems regulated by the NYDFS (New York Department of Financial Services) upon issuance. According to Crypto Briefing, this move aims to introduce Strategy Tokens, a new type of digital asset product, into a regulatory-compliant custody structure. Strategy Tokens are smart contract-wrapped synthetic assets designed to execute predefined trading strategies, with the goal of generating profits on behalf of the holder.
