Dogecoin is set to become a major Wall Street asset, as House of Doge prepares to list on Nasdaq. This initiative was done in partnership with Brag House Holdings.
House of Doge and Brag House to Merge in Reverse Takeover
In a recent press release, House of Doge, the official commercial arm of the Dogecoin Foundation, has announced a definitive merger agreement with Brag House Holdings, Inc. (NASDAQ: TBH), a Gen Z-focused gaming and digital engagement platform.
Under the agreement, Brag House will acquire House of Doge through a reverse takeover. This would create a publicly traded entity dedicated to accelerating the meme coin adoption and institutional participation. Both companies’ boards have unanimously approved the merger.
The new company will operate in gaming, finance, and digital media, which are industries that engage many Gen Z customers. They will create various sources of income through advanced payment methods, data licensing, and global treasury operations. Importantly, the company will keep a significant amount of the token as part of its long-term financial strategy.
The project is backed by over $50 million in investment capital and holds 837 million DOGE tokens. The firm shared that it is developing a scalable and yield-generating Dogecoin economy.
Marco Margiotta, CEO of House of Doge, described the merger as a natural progression for the meme coin movement.
Brag House CEO Lavell Juan Malloy II emphasized that integrating the meme coin into Gen Z culture through college campuses, sports, and gaming could create multi-billion-dollar opportunities for both shareholders and the broader crypto community.
The merger comes after a string of alliances that strengthened House of Doge’s standing in the institutional finance industry. These include partnerships with CleanCore Solutions, Robinhood, and 21Shares.
Notably, CleanCore’s DOGE treasury reported profits of over $20 million since launch. The firm aims to accumulate at least one billion tokens.
DOGE Fundamentals Strengthen Ahead of Nasdaq Debut
Adding to the Wall Street moves, the meme coin’s core technology is also developing. The network recently introduced the Cardinals Index Node upgrade. This would enable more efficient data validation and faster transaction processing.
Meanwhile, momentum around DOGE ETFs continues to build. Last month, REX-Osprey launched the first-ever U.S.-listed Dogecoin ETF. This gave traditional investors direct exposure to the asset. As of press time, the product has recorded at least $30 million in volume after its impressive debut.
Similarly, 21Shares’ DOGE ETF has been listed on the Depository Trust & Clearing Corporation (DTCC), signaling that a full market launch is imminent. Experts say the recent moves could attract institutional capital as adoption grows.
Source: https://coingape.com/dogecoin-enters-wall-street-spotlight-as-house-of-doge-targets-nasdaq-launch/
