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Abraxas Capital deposits $140M in crypto into Spark protocol

July 10, 2026, 7:11 AM
London-based asset management firm Abraxas Capital has deposited approximately $140 million worth of cryptocurrency, including ETH and cbBTC, into the DeFi lending protocol Spark, according to Onchain Lens. The deposited assets consist of 26,500 ETH ($46.33 million), 780 cbBTC ($48.53 million), and 45.99 million in USDS and USDT.

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