The post Elon Musk’s Lawyer to Lead ‘Official’ Dogecoin Treasury appeared on BitcoinEthereumNews.com. In brief Alex Spiro, Elon Musk’s attorney, is leading a new digital asset treasury centered on Dogecoin. The treasury comes via a collaboration between the House of Doge and publicly traded firm, CleanCore. Shares in CleanCore finished down more than 50% on the day, while Dogecoin sits flat. The Dogecoin Foundation’s commercial arm—House of Doge—is teaming with publicly traded cleaning products firm CleanCore Solutions to create a new Dogecoin (DOGE) treasury. It’s being branded the first “official” DOGE treasury, due to its connection to the Dogecoin Foundation—and Elon Musk’s personal lawyer, Alex Spiro, is becoming the firm’s chairman of the board of directors. As part of the partnership, CleanCore (ZONE) has entered a securities purchase agreement for a $175 million private investment in public placement (PIPE), which will be used to fuel its DOGE treasury. Pantera, GSR, and FalconX are among the firms that participated in the PIPE. House of Doge and financial institution 21Shares will advise the treasury moving forward.  “This is the first foundation-backed treasury strategy for Dogecoin, and it’s designed to do more than just hold DOGE,” Marco Margiotta, CEO of House of Doge and newly appointed CIO of CleanCore, told Decrypt. Margiotta will be joined on the board of directors by Dogecoin Foundation director and House of Doge CTO Timothy Stebbing. “The treasury will enable governance, and institutional-grade reporting and the exploration of staking-like yield opportunities,” Margiotta added. “This foundation will help build trust with investors, Dogecoin holders, exchanges, and businesses who might integrate Dogecoin for payments or tokenization.” Shares of ZONE dropped nearly 53% to $3.23 by the close of trading Tuesday, following news of the firm’s treasury plans. Even with the drop, ZONE is up about 145% since the start of the year. Elon Musk has been closely associated with Dogecoin for years,… The post Elon Musk’s Lawyer to Lead ‘Official’ Dogecoin Treasury appeared on BitcoinEthereumNews.com. In brief Alex Spiro, Elon Musk’s attorney, is leading a new digital asset treasury centered on Dogecoin. The treasury comes via a collaboration between the House of Doge and publicly traded firm, CleanCore. Shares in CleanCore finished down more than 50% on the day, while Dogecoin sits flat. The Dogecoin Foundation’s commercial arm—House of Doge—is teaming with publicly traded cleaning products firm CleanCore Solutions to create a new Dogecoin (DOGE) treasury. It’s being branded the first “official” DOGE treasury, due to its connection to the Dogecoin Foundation—and Elon Musk’s personal lawyer, Alex Spiro, is becoming the firm’s chairman of the board of directors. As part of the partnership, CleanCore (ZONE) has entered a securities purchase agreement for a $175 million private investment in public placement (PIPE), which will be used to fuel its DOGE treasury. Pantera, GSR, and FalconX are among the firms that participated in the PIPE. House of Doge and financial institution 21Shares will advise the treasury moving forward.  “This is the first foundation-backed treasury strategy for Dogecoin, and it’s designed to do more than just hold DOGE,” Marco Margiotta, CEO of House of Doge and newly appointed CIO of CleanCore, told Decrypt. Margiotta will be joined on the board of directors by Dogecoin Foundation director and House of Doge CTO Timothy Stebbing. “The treasury will enable governance, and institutional-grade reporting and the exploration of staking-like yield opportunities,” Margiotta added. “This foundation will help build trust with investors, Dogecoin holders, exchanges, and businesses who might integrate Dogecoin for payments or tokenization.” Shares of ZONE dropped nearly 53% to $3.23 by the close of trading Tuesday, following news of the firm’s treasury plans. Even with the drop, ZONE is up about 145% since the start of the year. Elon Musk has been closely associated with Dogecoin for years,…