Spirit Blockchain Capital Inc. has acquired Dogecoin Portfolio Holdings Corp., aimed at supporting the growth of Dogecoin (DOGE). Over more than ten years, Dogecoin has become a highly decentralized and liquid cryptocurrency with over 6.7 million active addresses.
Spirit Blockchain CEO Lewis Bateman noted that the acquisition will enable the development of new financial products and strengthen the company’s position in the blockchain sector. Also, Chandler Song, co-founder of Ankr, has invested in Dogecoin Holdings and become an advisor to the company.
DOGE is trading at $0.197, with a market capitalization of $28.84 billion.