The House of Doge and 21Shares Partnership Announcement
The House of Doge, associated with the Dogecoin Foundation, signed a partnership with 21Shares, one of the largest global providers of cryptocurrency exchange-traded products (ETPs). Together, they announce the creation of a new DOGE ETP, which promises to expand global adoption of the cryptocurrency originally created as a fun and accessible form of digital money.
Jens Wiechers, House of Doge Advisory Board Member and Co-CEO of the Dogecoin Foundation, highlighted the importance of this collaboration: “This partnership marks a major step forward for Dogecoin’s vision. Over the years, Dogecoin has proven itself to be a practical resource for payments and charitable giving. Reaching its full potential as a global currency requires the institutional support that this partnership with 21Shares provides.”
21Shares, known for managing over $7 billion in assets across 11 major global exchanges, sees this partnership as a way to further validate Dogecoin in the traditional financial market. Duncan Moir, President of 21Shares, commented on the initiative: “Registered investment vehicles are essential for broader access to digital assets. With interest in Dogecoin growing, this partnership with House of Doge reinforces our commitment to expanding investment options with the highest regulatory and operational standards.”
The announcement comes at a time when DOGE is trading at $0,155, down 5% in the last 24 hours.