Public has acquired Alto's crypto retirement account business for $65 million in a cash and stock deal, increasing its total assets under management to approximately $600 million. AltoCrypto supports a variety of crypto assets, unlike Fidelity's crypto retirement accounts, which are limited to Bitcoin. Public co-founder Leif Abraham highlighted the tax advantages of IRAs, allowing position adjustments without immediate tax consequences. The acquisition is set to be fully integrated by 2026, with Alto continuing its other operations as a service provider. Public aims to attract "upmarket" investors, with a median client age of 38.