Public, a multi-asset investment platform, acquires Treasury App, an education investment platform.

CoinFeed reported on May 6th that, according to PR Newswire, multi-asset investment platform Public announced its acquisition of education-based investment platform Treasury App. Following the transaction, Elias Rothblatt, co-founder of Treasury App, joined Public as Senior Director of Operations, responsible for advancing future investment products centered on AI. Treasury App users' assets and holdings will be automatically transferred to Public, with their portfolio structures remaining unchanged; users can choose to transfer to other brokerages via ACAT or sell their holdings and withdraw cash. Treasury App previously provided long-term investment education to the creator community, with over 40,000 users having learned and over $100 million in investments.