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This summary text is fully AI-generated and may therefore contain errors or be incomplete.
This summary text is fully AI-generated and may therefore contain errors or be incomplete.
21Shares, a leading Swiss crypto ETP provider, has launched a physically backed Dogecoin ETP on the SIX Swiss Exchange. This marks a significant step in the institutional integration of the popular memecoin. The product was developed in partnership with the House of Doge, the corporate branch of the Dogecoin Foundation.
- 21Shares' Dogecoin ETP is the first memecoin product in its portfolio, listed on SIX Swiss Exchange with physical DOGE backing.
- Dogecoin has transitioned from a joke cryptocurrency to one with real payment utility, accepted by major companies like Microsoft and AMC.
- The partnership between 21Shares and House of Doge creates a regulatory framework for institutional Dogecoin investment while preserving its community spirit.
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Other Tags: Dogecoin Foundation, MemeCoins, SIX Swiss Exchange