New York Stock Exchange–listed CleanCore Solutions announced on September 2 that it has launched a $175 million private placement to establish the world’s first official reserve asset for Dogecoin (DOGE). The initiative is being carried out in partnership with the Dogecoin Foundation and its authorized commercial arm, House of Doge.
Following the announcement, Dogecoin price bounced off its $0.21 support level, trading near $0.22 at press time.
JUST IN: ?? Publicly traded CleanCore Solutions to become first-ever $DOGE treasury company. pic.twitter.com/YsiJtlaP5G
— Whale Insider (@WhaleInsider) September 2, 2025
Official Dogecoin Reserve Backed by Major Investors
The fundraising round includes participation from prominent institutional and crypto-native investors such as Pantera, FalconX, GSR, Borderless, and MOZAYYX. According to CleanCore, this will become the only official Dogecoin reserve asset backed by the Dogecoin Foundation and House of Doge.
The offering is expected to close on September 4, subject to standard conditions, including approval of a supplemental listing application on the NYSE American exchange. Net proceeds will be used to purchase Dogecoin, positioning it as CleanCore’s primary reserve asset.
Marco Margiotta, CEO of House of Doge, commented:
“By supporting Dogecoin through a foundation-backed reserve asset strategy, public companies can partner with the Foundation to build real-world utility for digital currency.”
This approach could provide Dogecoin, the best meme coin, with greater legitimacy in global markets, strengthening its role as a widely recognized cryptocurrency.
