What's the news?

Public has acquired Otis!

What is Otis?

Otis is an alternative investment platform that empowers almost anyone to invest in shares of cultural assets like rare collectibles, trading cards, and contemporary art. These asset classes have long been part of the investment portfolios of ultra-high-net-worth individuals, but Otis has made these accessible to all people.

We encourage you to check out the Otis site and Otis FAQs to learn more about Otis and how it works!

What's the timeline?

Given the complicated and highly regulated nature of our business, a meaningful period is necessary to assure a smooth transition. The transition period will allow the Otis team to work closely with the Public team to integrate our backend systems and processes and prepare the Public platform to support drops and trading of alternative assets. The transition will take 6 months before Otis is officially integrated into Public.

What investment options are going to be added to Public?

Otis is an alternative investment platform, which means they have assets such as collectibles, trading cards, and contemporary art. (You can view a full list of Otis’ current assets here.) What this means is that, after the 6 month transition period, you will be able to invest in the alternative asset on the Public app. If you ever have any requests or ideas for assets to be added, give our team a shout and we will add it to our list!

In the meantime, we encourage you to check out the Otis site and Otis FAQs to learn more about Otis and how it works!

Will my Public account be impacted?

There won’t be any changes to your Public account, but you will have more investing options once the transition is complete!

If you ever have questions, the team is always here for you, so feel free to give us a shout on the app’s Live Chat or via email at support@public.com! 😁

How do I sign up for an Otis account?

You can download Otis for iOS or Android and start investing in alternative assets today! Please note that after the transition period of 6 months, the Otis app will sunset and all investing activity will take place on the Public app.

If you ever have questions, the team is always here for you, so feel free to give us a shout on the app’s Live Chat or via email at support@public.com! 😁

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