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Multi-asset investment platform Public completes $135 million in equity and debt financing, led by Accel
CoinVoice has learned that the multi-asset investment platform Public has announced the completion of a $135 million equity and debt financing, including $105 million in equity and $30 million in debt, with the new financing intended to enhance Public's artificial intelligence capabilities. Long-term supporter Accel is the main investor. Previously, Public has raised over $300 million in venture capital.
Public announced the launch of Crypto Assets trading services in 2021, competing with Robinhood Markets and others. Previously, individual investors using the platform could only trade stocks and ETFs listed in the United States, but now it has expanded to include Crypto Assets, treasury bonds, and art. Its target customers are young encryption users.