CleanCore Solutions ($ZONE) has announced a landmark shift, transforming into the world’s first Dogecoin Treasury company in partnership with the House of Doge, the commercial arm of the Dogecoin Foundation.
The move is backed by a massive $175,000,420 private placement led by major institutional and crypto-native investors, including Pantera, FalconX, GSR, Borderless, and MOZAYYX, joined by over 80 participants. The financing, structured as pre-funded warrant sales at $1 each, equips CleanCore with fresh capital to drive its bold pivot.
Although CleanCore’s NYSE-listed stock initially fell on the news, leadership remains confident, framing the move as a historic step toward positioning Dogecoin as a serious reserve asset for enterprises.
Unlike companies that simply add crypto to their balance sheets, CleanCore is overhauling its entire structure to operate as an institutional-grade, Dogecoin Foundation-backed treasury. It will serve as the official repository for managed DOGE assets, setting a precedent for both crypto adoption and the way public companies integrate digital currencies into their core business models.
The Dogecoin Treasury
CleanCore’s partnership with the House of Doge brings legitimacy and crypto expertise. House of Doge CEO Marco Margiotta joins CleanCore’s board, alongside Timothy Stebbing from the Dogecoin Foundation and lawyer Alex Spiro as Board Chairman. This leadership team aims to enhance transparency, stability, and long-term utility for DOGE.
Furthermore, 21Shares is the world’s largest issuer of crypto exchange-traded products. It has joined the advisory board and promises to support treasury allocation, risk management, and reporting. Their involvement is planned to ensure robust institutional standards and governance for the DOGE treasury.
As the official Dogecoin treasury, CleanCore will handle massive DOGE reserves, strategically allocated with oversight from both the House of Doge and 21Shares. The company’s vision extends beyond simple asset holding, as it plans to also include offering staking-like rewards and yield opportunities for shareholders and DOGE supporters, as well as integrating Dogecoin into mainstream payment channels.
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