Multi-asset investment platform Public completes $135 million in equity and debt financing, led by Accel

ChainCatcher news, multi-asset investment platform Public announced the completion of $135 million in equity and debt financing, including $105 million in equity and $30 million in debt. The new funding will be used to enhance the AI capabilities of the Public platform. Long-term supporter Accel is the main investor. Previously, Public had raised over $300 million in venture capital.

Public announced the launch of cryptocurrency trading services in 2021, competing with Robinhood Markets and others. Prior to this, individual investors using the platform could only trade stocks and ETFs listed in the U.S., and it has now expanded to include cryptocurrencies, treasury bills, and art. Its target customers are young crypto users.