CleanCore Solutions has successfully completed a $175 million private placement, issuing 175,000,420 prepaid warrants to establish an official Dogecoin reserve fund. The initiative is supported by the Dogecoin Foundation and the House of Doge, with Alex Spiro appointed as Chairman of the Board. Timothy Stebbing and Marco Margiotta will also join the board.
The company plans to use Dogecoin as its primary reserve asset, promoting its use in payments and asset tokenization. Additionally, CleanCore will collaborate with 21Shares to explore opportunities in ETFs and staking yields. The private placement attracted participation from notable investors, including Pantera, GSR, FalconX, and over 80 other institutions.
CleanCore Solutions Secures $175M for Dogecoin Reserve Fund
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