Public, the investment app popular among retail investors, has acquired the cryptocurrency division of Alto for $65 million, according to a Fortune report. This strategic acquisition signals Public's intention to expand its offerings in the digital asset space. Alto, known for enabling investments in alternative assets like cryptocurrency through retirement accounts, will now focus on its core business. This acquisition allows Public to integrate Alto's crypto infrastructure and expertise, potentially leading to new features and investment opportunities for its users. It remains to be seen how this acquisition will impact the competitive landscape of investment apps and the broader adoption of cryptocurrency within traditional investment portfolios. ```