Public Acquires Alto Crypto Business in $65M Retirement Deal
Public Moves Into Crypto IRAs With $65 Million Alto Deal
Public has taken a major step into the retirement market. The company completed its acquisition of Alto’s crypto retirement business for $65 million. The deal combines cash and stock. It also brings Public’s assets under management to roughly $600 million.
The acquisition reshapes Public’s product offering. It gives the company a retirement structure that blends traditional assets with digital assets under one system. The company believes this approach will appeal to middle-aged investors who want safety but also want exposure to new markets. These investors usually prefer balanced portfolios. They want tools that allow long-term planning without complex tax constraints.
Public…
