TechFlow news, August 30 — According to Fortune, citing anonymous sources, Elon Musk's attorney Alex Spiro will serve as chairman of a planned $200 million Dogecoin treasury company. Backed by House of Doge, the firm aims to provide investors with indirect exposure to Dogecoin.
The project intends to raise at least $200 million to operate as a public company holding Dogecoin assets, allowing investors to gain exposure to digital assets through the stock market without directly owning the tokens. The initiative remains in the presentation phase, and specific structural details and launch timing have not yet been disclosed.
Spiro is a partner at Quinn Emanuel Urquhart & Sullivan and has represented high-profile clients including Elon Musk, Jay-Z, and Alec Baldwin. He has been named in investor materials and discussions as the planned chairman of this entity.
