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House of Doge Goes Public in Latest Play to Boost Dogecoin TradFi Adoption
Yahoo Financeยท2025-10-13 12:01

Core Viewpoint - House of Doge, the corporate arm of the Dogecoin Foundation, has gone public through a reverse takeover, aiming to enhance Dogecoin's adoption in traditional commerce and finance [1][2] Company Overview - House of Doge is now trading on Nasdaq following a reverse takeover by Brag House Holdings, which has seen a 43% increase in value over the last two weeks [1] - The company aims to make Dogecoin a dominant payment method, with plans to scale its operations using the capital gained from going public [2][3] Financial Strategy - Increased access to capital is deemed essential for scaling global payment systems for Dogecoin more rapidly [3] - House of Doge is involved in several initiatives to enhance Dogecoin's presence in traditional finance, including a $170 million Dogecoin treasury and a spot Dogecoin ETF application [4] Partnerships and Collaborations - The company is collaborating with 21Shares and Robinhood to develop Dogecoin yield products and alternative investment vehicles [4] - Notable backers include former Texas Governor Rick Perry, the Steinbrenner family, and several NHL players, indicating strong support from influential figures [5] Market Positioning - The company plans to tokenize elements of mainstream culture, starting with sports, to connect Dogecoin with various fan communities [6] - Going public will enable House of Doge to pursue its sports-related ambitions more aggressively than as a private entity [7]