Nasdaq-Listed Brag House Approves Merger With Dogecoin Foundation Unit, Says It Will Accelerate Institutional Investment
Summary
- Brag House Holdings, a Nasdaq-listed U.S. company, said its merger proposal with House of DOGE, the corporate arm of the Dogecoin Foundation, was approved with support from more than 98%% of participating shareholders.
- After the merger, Brag House Holdings said it plans to make real-world asset (RWA) tokenization a core business.
- The CEO of House of DOGE said that, with the groundwork laid for exchange-traded funds (ETFs), payment infrastructure and community partnerships, an era of institutional investment in Dogecoin is beginning.
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Nasdaq-listed Brag House Holdings is pursuing a merger with the corporate arm of the Dogecoin Foundation.
Brag House said April 8 that shareholders at a recent special meeting approved a plan to merge with House of DOGE, the foundation’s corporate arm. More than 98% of participating shareholders voted in favor of the deal, it said.
Following the merger, Brag House plans to make real-world asset, or RWA, tokenization a core business. The company described Dogecoin as a community-driven digital asset with practical real-world utility and said the vote was a clear validation of its strategy.
Marco Margiotta, chief executive officer of House of DOGE, said the group had spent years laying the groundwork for Dogecoin through exchange-traded funds, payment infrastructure and community partnerships. The shareholder vote marks the beginning of an era of institutional investment in Dogecoin, he added.
JOON HYOUNG LEE
gilson@bloomingbit.ioCrypto Journalist based in Seoul
