Public acquired Alto's crypto retirement account business for $65 million, bringing its total assets under management (AUM) to approximately $600 million.

PANews reported on November 13th that, according to Fortune , Public announced the acquisition of Alto 's crypto business for $ 65 million in cash and stock, bringing its total assets under management (AUM) to approximately $ 600 million. AltoCrypto supports multiple crypto assets; in contrast, Fidelity 's crypto retirement accounts only support Bitcoin. Public co-founder Leif Abraham stated that IRAs can adjust positions without immediate tax implications. The transaction is expected to be fully integrated in 2026 , with Alto retaining its other businesses and continuing as a service provider. Public targets " upmarket " investors, with a median client age of approximately 38 .

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This content is for informational purposes only and does not constitute investment advice.

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