[Public Acquires Alto's Crypto Retirement Account Business for $65 Million, AUM Approximately $600 Million] According to Fortune, Public announced the acquisition of Alto's crypto business for a total of $65 million in cash and stock, with assets under management (AUM) of 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 allow portfolio adjustments without immediate tax liabilities. The integration of the deal will be completed by 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.