The DogeOS platform, aiming to develop the Dogecoin ecosystem, has raised $6.9 million in funding led by the Polychain Capital fund. It is noted that DogeOS is also a specialized layer for the Dogecoin blockchain.
The new capital will support the creation of various consumer applications, "strengthening the Dogecoin ecosystem and developing DeFi services."
The statement also mentioned that DogeOS aims to connect the Dogecoin community with on-chain innovations, offering new use cases and broader integration of the DOGE coin in applications.
Jordan Jefferson, the CEO of MyDoge — the team behind DogeOS — noted:
"We see a demand for native Dogecoin solutions. DogeOS responds to this demand — opening up new use cases, more creativity, and a future where DOGE is embedded everywhere," he added.
Earlier, we reported that the Nasdaq exchange filed a Form 19b-4 application with the U.S. Securities and Exchange Commission to launch a Dogecoin ETF from 21Shares.