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House of Doge officially lists on Nasdaq, expanding the role of Dogecoin
House of Doge, the business branch of the Dogecoin Foundation, is now trading on Nasdaq after merging with Brag House Holdings (TBH).
Backed by Elon Musk's personal attorney, Alex Spiro, the company plans to use the new funding to expand the role of Dogecoin in global payments and develop into the sports sector and other industries.
The project's investors include former Texas Governor Rick Perry, the family that owns the New York Yankees Steinbrenner, along with many NHL players.
CEO of House of Doge, Marco Margiotta, stated that becoming a public company is the next step to bring Dogecoin into the traditional financial system. “Being a public company… allows us to raise enough capital to ensure the real utility of Dogecoin is fully realized,” Mr. Margiotta said.
Since its establishment at the beginning of this year, House of Doge has initiated many projects to enhance the presence of Dogecoin in traditional finance and with mainstream consumers. The company is a key partner of CleanCore, a Dogecoin treasury worth 1.7 billion USD traded on the NYSE, and has also filed for a Dogecoin ETF with 21Shares, which is expected to be approved this year.
House of Doge is also collaborating with 21Shares and Robinhood to develop Dogecoin yield products and alternative investment vehicles for individual traders.
Mr. Margiotta emphasized that the Dogecoin community is the greatest asset of this coin, and the company will encode cultural elements, starting with sports, to connect Dogecoin fans with other fan communities.
Global initiatives to expand the utility of Dogecoin are expected to increase the value of the coin in the coming months, quarters, and years, benefiting all Dogecoin holders.