According to ChainCatcher news, The Block reports that the “official corporate department” of the Dogecoin Foundation, House of Doge, will log in to the capital market through a reverse merger with esports company Brag House Holdings. After the merger is completed, approximately 594 million shares of common stock and about 69.25 million shares of convertible securities will be issued, with House of Doge becoming the controlling shareholder and Marco Margiotta serving as CEO. The merged entity will provide Dogecoin-priced merchant services, payment infrastructure, data and licensing, treasury management, and hold a large amount of DOGE. Brag House's stock price fell 60% to $0.97, with a market capitalization of about $10 million. Previously, House of Doge partnered with 21Shares to launch Europe's first Dogecoin ETP and collaborated with CleanCore and Robinhood on treasury and custody services.
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