- 21Shares teams up with the House of Doge to unleash Dogecoin on SIX Swiss Exchangeâwho let the dogs out? đ¶
- Hooray for Dogecoin! Itâs now rubbing shoulders with Wall Street in official institutional style. đ€Ł
21Shares, the crafty maestro behind crypto ETFs, has decided that itâs time to join paws with the House of Doge. Together, they’re launching the first Dogecoin ETP that even the Dogecoin Foundation gave a wink to. This wild ride gets listed on the SIX Swiss Exchange under the ticker âDOGE.â Who knew memes could be this profitable? đ
Dogecoin Crashes the Suave World of Traditional Finance
According to a press release (yes, the serious kind), this partnership is shaking up the crypto stage. Investors now have a legal, regulated way to hitch a ride on the Dogecoin expressâwithout having to chase digital dogs in the park. Crypto in a suit has never looked so uproarious!
Forget fumbling with digital walletsâthis Dogecoin ETP is as tangible as your old leather wallet. Each share represents real, securely stored Dogecoin, ensuring that investors get more than just empty promises and tail wags.
Born in 2013 as a joke from the Bitcoin brain trust, Dogecoin has evolved into a bona fide financial asset with a community that lives by the mantra âDo Only Good Everyday.â Picture a blend of financial savvy and stand-up comedyâyes, Dogecoin is the Robin Williams of crypto! đ
Thanks to its lightning-fast transactions and lower fees, Dogecoin is making payments as easy as dropping one-liners in a Mel Brooks flick. With Microsoft and AMC Theatres on board, it seems even big business canât resist a good laughâand a good deal!
ETP: The Meme Coinâs Ticket to the Big Leagues
Duncan Moir, the head honcho at 21Shares, is practically howling with excitement over this new venture. He sees Dogecoin not just as another cryptocurrency, but as a cultural phenomenon with a financial punchline. Now, investors can join the carnival with their portfolios intact!
Jens Wiechers from the House of Doge (and board member at the Dogecoin Foundation) chimed in too, claiming that for Dogecoin to grow globally, it needs a little extra institutional loveâa dose of âformal belly rubs,â if you will. This ETP lets the crypto community keep its playful spirit while stepping into the spotlight.
Sarosh Mistry, director-elect of the House of Doge and president of Sodexo North America, predicts that with the help of such Dogecoin products, investor diversity will bloom like a well-timed punchline, propelling the meme coin to even greater heights.
With 21Shares handling over $7.3 billion in assets across 11 major exchanges (Nasdaq, Euronext, and now SIXâoh boy!), this partnership is a masterclass in turning memes into money. Itâs high finance meets high comedyâa backstage pass to the greatest crypto comedy show ever! đ€©
The Dogecoin ETP marks a monumental milestoneâa grand finale orchestrated by 21Shares in cahoots with the House of Doge. This isnât just another financial product; itâs the ultimate fusion of trust, stability, and a whole lot of gut-busting humor. Get ready for the financial circus of the century!
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2025-04-09 17:58