Dogecoin Cash announced the launch of the subsidiary structure Dogecoin Treasury.
It will focus on the development and management of tools for the Dogecoin Protocol.
The company plans to transfer intellectual property and digital assets to the new structure.
The company Dogecoin Cash (DOGP), operating in the digital asset space, announced the creation of a subsidiary structure called Dogecoin Treasury (DTI). The new firm is wholly owned by DOGP and is intended to support the technical development of the Dogecoin ecosystem.
The press release states that the main task of DTI will be to develop the infrastructure for the Dogecoin Protocol. This is a separate technical structure that aims to unify the company's internal initiatives related to Dogecoin.
The Dogecoin Protocol is currently under development and aims to consolidate the company's Dogecoin initiatives into a single technical structure, according to the statement. DTI is expected to become a platform for managing intellectual property, technology planning, and, if necessary, digital assets related to the implementation of the protocol.
The main areas of work for Dogecoin Treasury include:
development and technical support of tools for the Dogecoin ecosystem;
management of digital assets, including DOGE, that are owned or will be acquired by DOGP;
ownership of intellectual property created within the frameworks of the Dogecoin Protocol initiatives.
The company emphasized that the creation of DTI will allow for "aligning technical activities with the overall business strategy" of Dogecoin Cash. The structure will also be responsible for long-term technology planning and support for developed solutions. At the time of the announcement, the protocol remains under development, and there are no guarantees regarding its completion, functionality, or implementation timelines.
Recall that at the end of April 2025, the Nasdaq exchange filed a Form 19b-4 application with the U.S. Securities and Exchange Commission for the launch of a Dogecoin ETF from 21Shares.
@Gridloock #gridloock #REX-OSPREYSolanaETF #OneBigBeautifulBill