Mentioned:
Dogecoin is coming to the traditional public markets. Which is exactly why House of Doge and Bitstamp by Robinhood are partnering up.
What’s happening:
- House of Doge has formed a new partnership with Bitstamp by Robinhood (NASDAQ: HOOD) to be the official trading partner and custodian for the newly established Dogecoin treasury company CleanCore Solutions (NYSE: ZONE)
Why it matters:
- Bitstamp is one of the longest running crypto exchanges in the world and is fully compliant with digital asset regulations in the United States, United Kingdom and European Union
Going deeper:
- Bitstamp will now act as the custodian for all of CleanCore Solutions’ Dogecoin purchases and has publicly stated they will collaborate with House of Doge on new ways to leverage Dogecoin for both tokenization and yield generation
- House of Doge is the official corporate arm of the Dogecoin Foundation and is one of the founding partners of the Dogecoin treasury model being adopted by CleanCore Solutions, alongside of digital asset management company 21Shares and the Dogecoin Foundation
The intrigue:
- CleanCore Solutions has been making major waves following a successful equity financing round for $175M USD and beginning to rapidly accumulate Dogecoin to hold directly as an asset, publicly stating they are aiming to eventually own 5% of the total circulating supply
