21Shares AG, one of the world’s largest issuers of crypto exchange-traded products (ETPs), has formed a partnership with the House of Doge to create the only Dogecoin ETP endorsed by the Dogecoin Foundation, which will be listed on SIX Swiss Exchange.
This collab marks a key milestone in “bringing institutional-grade exposure to Dogecoin, one of the most community-driven and widely recognized digital assets.”
The 21Shares Dogecoin ETP is 100% physically backed, offering a transparent and seamless way for investors to “gain exposure to Dogecoin through traditional financial channels.”
Originally launched in 2013 as a light-hearted alternative to Bitcoin, Dogecoin has since “grown into one of the most widely recognized and accessible cryptocurrencies, known for its fast transaction speeds, low fees, and increasing merchant adoption.”
Today, brands such as Microsoft and AMC Theatres accept Dogecoin “as a payment method, reinforcing its role in mainstream finance.”
Beyond its technical advantages, Dogecoin has “built a highly engaged and socially impactful community, rallying around the principle of “Do Only Good Everyday.””
With over $7.3 billion in assets under management and listings on 11 major exchanges, including SIX Swiss Exchange, Nasdaq, and Euronext, 21Shares continues “to drive the integration of digital assets into mainstream finance.”
As noted in the update, 21Shares is “one of the world’s cryptocurrency exchange traded product providers.”
They were founded to make cryptocurrency more “accessible to investors, and to bridge the gap between traditional finance and decentralized finance.”
In 2018, 21Shares listed the world’s first physically-backed crypto ETP, and they have “a seven-year track-record of creating crypto exchange-traded funds that are listed on some of the biggest, most-liquid securities exchanges globally.”
In addition to our seven-year track record, 21Shares offers “investors research and unparalleled client service.”
21Shares is a member of 21.co, a global enabler of decentralized finance.
As mentioned in the announcement, The House of Doge is the official corporate arm of “the Dogecoin Foundation, committed to transforming Dogecoin into a fully integrated and accessible global payment platform and currency.”
The House of Doge’s mission is to advance the mainstream “adoption of Dogecoin by enhancing its utility through real-world applications.”
As stated in a release, The Dogecoin Foundation is a nonprofit organization committed to “developing open-source technology that enhances Dogecoin’s accessibility and utility as a peer-to-peer digital currency.”
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