Crypto-oriented cleaning solutions company, CleanCore Solutions, enlisted by House of Doge for the introduction of a Dogecoin-focused cryptocurrency treasury.
In a groundbreaking development, House of Doge and CleanCore Solutions, Inc. (NYSEAM: ZONE) have announced a strategic partnership to create the first official Dogecoin Treasury, sponsored by the Dogecoin Foundation.
The partnership, according to Clayton Adams, CEO of CleanCore, is disruptive and innovative. It will see House of Doge, the commercial arm of Dogecoin, joining forces with CleanCore Solutions to establish a digital asset treasury focused on Dogecoin.
Marco Margiotta, CEO of House of Doge, will take on the role of Chief Investment Officer in the new partnership. Alex Spiro, Elon Musk's lawyer, will serve as Chairman of the Board of Directors. Timothy Stebbing, Director at the Dogecoin Foundation and CTO of House of Doge, will also join CleanCore's board.
The advisory role for the CleanCore digital asset treasury will include strategic allocation, yield opportunities, and corporate governance of the official Dogecoin Treasury. The partnership aims to unlock potential in Dogecoin and set a precedent for public companies to build utility around digital currency.
The transaction involves Pre-Funded Warrants priced at $1.00 each. CleanCore raised approximately $175,000,420 in gross proceeds through a private investment in public equity (PIPE) for the purchase and sale of these Pre-Funded Warrants. The offer attracted participation from over 80 institutional and crypto native investors, including MOZAYYX, Pantera, GSR, FalconX, and Borderless.
21Shares will be supporting the CleanCore digital asset treasury alongside House of Doge. The CleanCore digital asset treasury will be anchored with Dogecoin, providing a vehicle for the growth and development of the popular cryptocurrency.
The press release about the partnership was seen by our brand name, underscoring the significance of this collaboration in the world of digital currency. The partnership is expected to bring about exciting opportunities for Dogecoin and further cement its position in the crypto market.
