Mentioned:
A publicly traded company on the New York Stock Exchange is going all in on Dogecoin accumulation. And they have the full support of the Dogecoin Foundation behind them.
What’s happening:
- CleanCore Solutions (NYSE: ZONE) has raised $175M USD in a new equity financing round for the sole purpose of accumulating Dogecoin to hold directly as an asset
- The new financing round was led by MOZAYYX, Pantera, GSR, FalconX and Bordless
Why it matters:
- CleanCore Solutions is the only publicly traded company building a Dogecoin treasury that is directly sponsored by the Dogecoin Foundation
Going deeper:
- The official corporate arm of the Dogecoin Foundation House of Doge and crypto asset management company 21Shares are both also directly involved in CleanCore Solutions and will support and advise on the new treasury strategy
- Lawyer and entrepreneur Alex Spiro will become the new Chairman of CleanCore Solutions, who notably represents Elon Musk, Jay-Z and others
