House of Doge, the corporate arm of the Dogecoin memecoin, partnered with blockchain infrastructure provider Paxos to integrate Dogecoin across Paxos' enterprise-grade crypto brokerage and custody infrastructure. The partnership, announced through merger partner Brag House Holdings, initially targets business clients. House of Doge CEO Marco Margiotta stated the collaboration aims to accelerate global access for Dogecoin by leveraging Paxos' regulated infrastructure. Paxos provides blockchain services to PayPal, Venmo, and Mercado Libre, though it remains unclear when or if DOGE will become available to these consumer platforms' users.
House of Doge and Paxos Announce Integration Partnership
House of Doge, working with merger partner Brag House Holdings, partnered with Paxos to integrate the listing of Dogecoin across Paxos' enterprise-grade crypto brokerage and custody infrastructure. House of Doge CEO Marco Margiotta said in a statement that the partnership represents a major step forward in accelerating global access for Dogecoin. Margiotta stated that by integrating with Paxos' trusted and regulated infrastructure, the collaboration creates a pathway for leading global fintech platforms to make Dogecoin accessible to their users. The partnership initially focuses on business clients.
Paxos Provides Infrastructure to PayPal and Venmo
Paxos provides PayPal, Venmo, and Mercado Libre with blockchain infrastructure used in consumer-facing applications, according to the statement. This infrastructure allows these consumer apps to offer the buying, selling, and holding of crypto. Paxos Head of Crypto Business Nick Robnett said the company is committed to enabling safe and responsible access to digital assets through its regulated infrastructure. Robnett stated Paxos is thrilled to support the availability of Dogecoin on its platform and looks forward to working with enterprise clients as they evaluate expanding their digital asset offerings. The Paxos client network spans hundreds of millions of users across more than 150 countries.
Dogecoin Trades at $0.100 with $15.4 Billion Market Cap
DOGE was changing hands at $0.100 as of 9:23 a.m. on Monday, according to The Block's price page. The cryptocurrency has a market cap of $15.4 billion.
FAQ
What did House of Doge and Paxos announce?
House of Doge partnered with Paxos to integrate Dogecoin across Paxos' enterprise-grade crypto brokerage and custody infrastructure. The partnership, announced through merger partner Brag House Holdings, initially targets business clients.
Which consumer platforms does Paxos provide blockchain infrastructure to?
Paxos provides blockchain infrastructure to PayPal, Venmo, and Mercado Libre. This infrastructure enables these consumer apps to offer the buying, selling, and holding of crypto. The Paxos client network spans hundreds of millions of users across more than 150 countries.
