TechFlow news, November 13 — According to Fortune magazine, investment app Public has acquired Alto's cryptocurrency business, a provider of cryptocurrency IRAs, for $65 million in cash and stock. Alto is a company that allows users to add alternative assets to their retirement accounts and manages approximately $600 million in assets. Under the agreement, Public will fully integrate Alto's cryptocurrency accounts by 2026, while Alto will continue operating as a service provider. Alto will continue to independently operate its other businesses, including investment programs such as private credit and venture capital.
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