USDAF Seed Program

Investment Objective

Abra’s USD Yield Strategy provides investors with exposure to sUSDAF, a decentralized stablecoin on Solana that seeks to generate yield through a combination of market-neutral Solana based strategies, not limited to liquid staked SOL, and liquidity provisioning with systematic hedging, subject to execution, liquidity, counterparty, and market risks.

Participants will also receive rewards in the form of $AFI, which is the governance token for the AbraFi protocol.

Highlights

Client Friendly Structure

• Title to client assets remains with the client.

• Client assets are held using MPC wallet technology, where
  keys are split across multiple parties, designed to
  enhance security.
  !

• Private keys are backed up by a third-party
  administrator.

Hunt for Yield

With terminal rate pricing likely having peaked for global
central banks, some investors are exploring longer duration
asset allocations that go further out along the risk spectrum
for risk-adjusted yields.

Terms

Team

Abra has a seasoned management and investment team with
deep experience across both digital assets and traditional
financial markets. The team has successfully managed
significant client assets through a wide range of market
conditions and dislocations.

Participants will be able to earn a bonus in the form of $AFI which
is the governance token for the AbraFi protocol. Participants will
receive the equivalent of an additional 7% APY yield on their assets
during the Seed Program in the form of $AFI. AFI value is based on an
assumed fully diluted value of $300M, which, depending on market
conditions may be variable.

Note that client assets can be pooled in deployed investment
strategies. Client’s custodied assets may be held in segregated vault.

USDAF and sUSDAF is not issued pursuant to, and is not compliant with, the requirements of the GENIUS Act or any other United States federal stablecoin regulatory framework. The token is not issued or backed by a federally regulated depository institution. The token is not insured by the Federal Deposit Insurance Corporation (FDIC) or any other government agency. Availability may be restricted in certain jurisdictions.

USDAF is issued by AbraFi Ltd., a British Virgin Islands entity, which is responsible for protocol governance and the digital assets used in connection with protocol activities. Members of the broader Abra organization contributed to aspects of the protocol’s development, for which the ultimate parent company of the Adviser receives allocations of $AFI tokens associated with the protocol.

About Abra & Abra Capital Management (ACM)

Abra is a fintech and financial services company for digital assets backed by American
Express Ventures, First Round Capital, Foxconn, RRE Ventures and Digital Currency Group,
that offers cryptocurrency trading, investment and lending products. ACM is Abra’s wealth
management subsidiary that is an SEC-registered investment adviser. ACM provides
exposure to digital assets and investment products for high-net worth individuals and
institutional clients. For more information, please contact globalsales@abra.com.

Important Disclosures

THIS DOCUMENT IS FOR INFORMATIONAL PURPOSES ONLY AND SHOULD NOT BE RELIED UPON AS INVESTMENT
ADVICE. This document has been prepared by ACM and is not intended to be (and may not be relied on in any
manner as) legal, tax, investment, accounting or other advice or as an offer to sell or a solicitation of an offer to buy
any securities of any investment product or any investment advisory service. The information contained in this
document is superseded by, and is qualified in its entirety by, such offering materials. This document may contain
proprietary, trade-secret, confidential and commercially sensitive information. U.S. federal securities laws prohibit
you and your organization from trading in any public security or making investment decisions about any public
security on the basis of information included in these materials.

THIS DOCUMENT IS NOT A RECOMMENDATION FOR ANY SECURITY OR INVESTMENT. References to any
investment are intended to illustrate digital asset investment products only and should not be used as the basis for
making any decision about purchasing, holding or selling any investments. Nothing herein should be interpreted or
used in any manner as investment advice. The information provided about target yields is illustrative and it is not
intended to be used as an indication of the current or future performance of your investments.

An investment in digital assets entails a high degree of risk, including the risk of loss. Investors must read and
understand all the risks described in ACM’s Firm Brochure and/or your Advisory Agreement before making a
commitment. The recipient also must consult its own legal, accounting and tax advisors as to the legal, business,
tax and related matters concerning the information contained in this document to make an independent
determination and consequences of a potential investment in digital assets, including US federal, state, local and
non-US tax consequences.

DO NOT RELY ON ANY OPINIONS, PREDICTIONS, PROJECTIONS OR FORWARD-LOOKING STATEMENTS CONTAINED
HEREIN. Certain information contained in this document constitutes “forward-looking statements” that are
inherently unreliable and actual events or results may differ materially from those reflected or contemplated herein.
Abra does not make any assurance as to the accuracy of those predictions or forward-looking statements. Abra
expressly disclaims any obligation or undertaking to update or revise any such forward-looking statements. The
views and opinions expressed herein are those of Abra as of the date hereof and are subject to change based on
prevailing market and economic conditions and will not be updated or supplemented.

EXTERNAL SOURCES. Certain information contained herein has been obtained from third-party sources. Although
ACM believes the information from such sources to be reliable, ACM makes no representation as to its accuracy or
completeness.

THIS DOCUMENT IS NOT INTENDED FOR GENERAL DISTRIBUTION AND IT MAY NOT BE COPIED, QUOTED OR
REFERENCED WITHOUT ACM’S PRIOR WRITTEN CONSENT.