Public Acquires Treasury App, Adding a Community Linked to Over $100 Million in Investments

Public states that its acquisition of Treasury App will support an AI-driven brokerage strategy, while expanding its investment platform across stocks, bonds, BTC, ETH, and SOL.

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Summary

Public officially announced its acquisition of AI investing platform Treasury App, with financial terms undisclosed. The company said the deal will strengthen its AI-driven brokerage strategy and improve its investment experience. The update adds to earlier information that Treasury App’s community had served more than 40,000 learners and was associated with over $100 million in investments, with user assets and holdings set to transfer to Public. Public currently supports trading in stocks, bonds, BTC, ETH, and SOL.

Terms & Concepts
  • AI-driven brokerage: A brokerage approach that uses artificial intelligence to enhance investing tools, recommendations, or the overall user experience.
  • BTC: The ticker symbol for Bitcoin, the largest cryptocurrency by market value.
  • ETH: The ticker symbol for Ether, the native cryptocurrency of the Ethereum blockchain.