House of Doge Launches $200 Million Dogecoin Treasury to Boost Institutional Backing

The Dogecoin Foundation’s House of Doge has unveiled a new initiative: a $200 million Dogecoin Treasury Plan, aiming to increase institutional interest in the cryptocurrency. This plan seeks to raise funds through equity-style exposure to DOGE in public markets, potentially impacting market sentiment and investor behavior. While no on-chain impact or regulatory updates are currently available, this move signifies a significant step for Dogecoin visibility in the public sphere and could lead to broader adoption of the coin.