Elon Musk’s lawyer, Alex Spiro, is at the helm of a new venture called ‘House of Doge’ aiming to raise $200 million for a publicly traded Dogecoin treasury company. This move seeks to increase DOGE accessibility and potentially attract institutional investors. The initiative mirrors strategies already used for Bitcoin by offering exposure to Dogecoin through established stock market frameworks. Spiro will chair this venture, which is designed to integrate DOGE into mainstream investment systems. Following a 2% price surge following the announcement, analysts view this move as a gateway for regulated access to Dogecoin’s value growth. This initiative could boost institutional interest in the cryptocurrency and contribute to increased liquidity, potentially impacting overall cryptocurrency valuations and broadening its acceptance within financial systems. The venture is subject to regulatory approval and successful institutional backing will be crucial for its success.