Elon Musk’s Lawyer to Lead $200 Million Dogecoin Treasury, Signaling Institutional Interest

A new proposal seeks to launch a $200 million DOGE Treasury, with Elon Musk’s lawyer, Alex Spiro, slated to chair the initiative. This move could mark a significant shift in how Dogecoin is viewed within mainstream finance. The DOGE Treasury would allow public investors access to Dogecoin through a regulated entity, similar to the ETFs and corporate treasuries currently used for Bitcoin and Ethereum. This proposed structure holds potential for Dogecoin to become more recognized as a serious financial instrument, potentially shifting its place from a meme coin to a valued asset in long-term investment strategies.