Crypto company Abra to go public in blank-check merger

Representations of cryptocurrencies are seen in this illustration taken November 10, 2022. REUTERS/Dado Ruvic/Illustration

March 16 (Reuters) - Crypto ⁠wealth management platform Abra plans to go public ⁠through a merger with blank-check firm New Providence ‌Acquisition Corp III, amid renewed investor interest in digital asset companies, Abra said on Monday.

After the transaction closes, the combined company ​will operate as Abra Financial Holdings, ⁠Inc., and anticipates listing ⁠on the Nasdaq exchange.

Here are some details:

(Reporting by Hannah Lang in New York; editing by Diane Craft)