Dogecoin-ETP: The leading Memecoin goes to the SIX
The leading Swiss crypto ETP provider 21shares goes to the Six Swiss Exchange with a Dogecoin ETP (Doge). The product was created as part of an exclusive partnership with the House of Doge, the company branch of the Dogecoin Foundation.
The collaboration marks an important milestone on the way to the institutional integration of Dogecoinone of the most famous digital assets driven by the community. The 21shares Dogecoin ETP (Doge) is completely physically covered by the stored dog token. It enables investors to easily invest in Dogecoin through established financial service providers such as banks or online brokers.
The mother of Memecoins
Dogecoin was originally developed as a humorous alternative to Bitcoin in 2013 and has now become one of the best known and most widespread cryptocurrencies worldwide. With fast transactions, low fees and growing acceptance of dealers and companies such as Microsoft and AMC Theater, Dogecoin plays a role in global payment transactions today.
In addition to its technical properties, Dogecoin is characterized by his socially committed community, which has launched numerous initiatives in recent years – from fundraisers to projects for financial inclusion. The project was the first and most successful joke currency – also known as Memecoin.
Als ETP an der SIX
21Shares currently manages over 7,3 billion US dozes and has noted products on 11 important stock exchanges, including Six Swiss Exchange, Nasdaq and Euronext. Thanks to the partnership, the provider takes a Memecoin into its product portfolio for the first time. According to Duncan Moir, President of 21shares, Dogecoin is more than just a cryptocurrency – it is a cultural and financial movement that makes the crypto sector more accessible to the mainstream and thus promotes adaptation.
“This listing marks a big step for our vision. Dogecoin was created in order to be an entertaining, accessible form of peer-to-peer money. Over the years it has proven its real benefits in payment transactions. In order to fully exploit its potential as a global currency. the Dogecoin is. “ – Jens Wiechers, member of the advisory board at House of Doge and Co-Executive Director of Dogecoin Foundation
