Public has taken a major step into the retirement market. The company completed its acquisition of Altos crypto retirement business for 65 million. The deal combines cash and stock. It also brings Publics assets under management to roughly 600 million.
The acquisition reshapes Publics 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 said the move fits its long-term vision. The company wants to provide a complete investment environment. It wants stocks, bonds, derivatives, and crypto assets in one regulated platform. It wants to serve investors who want deeper diversification than other platforms can offer.
