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21Shares collaborates with the Dogecoin Foundation's House of Doge to launch a Dogecoin ETP in Europe.
PANews reported on April 9 that cryptocurrency ETP issuer 21Shares AG has reached an exclusive partnership with House of Doge, a commercial entity under the Dogecoin Foundation, to launch the first ETP product officially certified by the Dogecoin Foundation (code: DOGE), which will be listed on the Swiss Stock Exchange SIX. This collaboration marks the first time a meme coin has entered the mainstream financial market in the form of an institutional-grade compliance product. The 21Shares Dogecoin ETP is 100% physically backed, and the management fee for this product is 2.5%.