Dogecoin witnesses a moderate rise in value today as it unveils a $175 million treasury!

In a significant move, the Dogecoin Foundation's commercial arm, House of Doge, has partnered with CleanCore Solutions to launch the first official Dogecoin Treasury. This strategic alliance marks a turning point for Dogecoin, strengthening its legitimacy beyond its meme-inspired origins and positioning it as a major player in the realm of crypto tokenization, payments, and adoption.

The Dogecoin Treasury, financed by the Dogecoin Foundation, several blockchain venture capital firms, and Dogecoin community members, aims to support the development, promotion, and sustainability of the Dogecoin ecosystem. The strategy involves integrating staking-like rewards, yield opportunities, and collaboration with exchanges to increase the usability and appeal of DOGE.

CleanCore Solutions has also decided to make Dogecoin its primary treasury reserve asset. This decision, along with the participation of over 80 institutional and crypto-native investors such as Pantera, Borderless, FalconX, Mythos, and MOZAYYX, signifies a new era of institutional-level adoption for DOGE.

The partnership also includes 21Shares, a $12 billion asset manager, which will help oversee the allocation, governance, and transparency of the treasury. Marco Margiotta, CEO of House of Doge, will serve as Chief Investment Officer at CleanCore for the Dogecoin Treasury. Timothy Stebbing, CTO of House of Doge, will join the board of the Dogecoin Treasury.

On September 4, 2025, Dogecoin saw a 0.54% increase in price over the last 24 hours, trading at $0.2166 or approximately IDR 3,555. As of now, Dogecoin's market capitalization is approximately IDR 539.27 trillion, with a 24-hour trading volume of about IDR 25.87 trillion.

The initiative sets a precedent for how foundations can work with public companies to create real-world utility. Dogecoin, along with Bitcoin, Ethereum, and XRP, is joining assets that currently dominate institutional portfolios.

However, it's important to remember that cryptocurrency trading activities carry high risk and volatility. Always do your own research and use cold cash before investing.

This information is collected from various relevant sources and is not influenced by outside parties. The move is expected to further solidify Dogecoin's position as a major commercial tokenization, payment, and adoption tool, marking the beginning of Dogecoin's next phase as a serious global payments currency.