Mentioned:
There’s about to be a new publicly traded company focused on Dogecoin. And the Dogecoin Foundation is their official partner.
What’s happening:
- House of Doge has officially announced a business combination agreement to become a publicly listed company in North America
Why it matters:
- House of Doge is the first company to ever strike an official partnership with the Dogecoin Foundation, which will be largely focused on accelerating the global adoption of Dogecoin as a payment method and widely accepted currency
Going deeper:
- House of Doge has publicly stated that they plan to apply for listings in both Canada and the United States of America, on the Cboe Canada and Nasdaq respectively
- House of Doge and the Dogecoin Foundation are planning to collaborate closely on developing innovative payment technology partnerships, finding new ways to integrate Dogecoin into real world applications and accelerating commercialization opportunities with notable brands
The intrigue:
- Dogecoin has continued to have enormous cultural relevancy globally, which has recently led to digital asset mining hardware companies running out of supply of rigs to mine Dogecoin with due to unprecedented levels of demand