The official corporate arm of the Dogecoin Foundation is partnering with one of the world’s leading producers of crypto exchange-traded products (ETPs) on a new Dogecoin (DOGE) product.
In a new press release, 21Shares and House of Doge are announcing their new partnership to launch DOGE ETPs globally.
Says Jens Wiechers, Advisory Board Member at House of Doge and Co-Executive Director of the Dogecoin Foundation, of the new partnership,
“This partnership marks a very large step forward for the Dogecoin vision.
Dogecoin was created to be a fun, accessible form of peer-to-peer money, and over the years, it has demonstrated real-world utility in payments, tipping, and charitable giving. For Dogecoin to reach its full potential as a global currency, institutional support and corporate partnerships are essential.
This initiative with 21Shares provides a regulated path for institutions to participate in and amplify the ‘Dogecoin is Money’ vision, while still honoring the community’s spirit. Global adoption is critical, and we’re excited to take this next step – ensuring Dogecoin stays fun, but gains the credibility and backing needed to thrive at scale.”
Dogecoin is the original memecoin, and 21Shares boasts over $7 billion in assets under management across 11 major exchanges.
Says Duncan Moir, President at 21Shares, of the powerhouse crypto partnership,
“Registered investment vehicles are essential for broadening access to digital assets, and Dogecoin’s growing adoption underscores its significance in the crypto ecosystem.
By partnering with the House of Doge, we are taking a pivotal step in bringing transparent and institutional-grade investment options to the market. This move reflects our commitment to expanding investor access to innovative and community-driven assets while maintaining the highest regulatory and operational standards.”
DOGE is trading for $0.150 at time of writing, up 1.7% in the last 24 hours.
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