TechFlow news, December 3 — Public, a crypto investment platform, announced it has raised $135 million in equity and debt financing, consisting of $105 million in equity and $30 million in debt. The new funds will be used to enhance the artificial intelligence capabilities of the Public platform. The company refers to this fundraising as its Series D-2 round, with long-time backer Accel leading the investment. Prior to this, the five-year-old company had already raised over $300 million in venture capital.
Public announced the launch of its cryptocurrency trading service in 2021, entering competition with platforms like Robinhood Markets. Previously, individual investors using the platform could only trade U.S.-listed stocks and ETFs; the service has since expanded to include cryptocurrencies, treasury bills, and art. Its target customers are young crypto users.
