Elon Musk’s Lawyer Leads Dogecoin Digital Asset Treasury
Elon Musk’s personal attorney, Alex Shapiro, has been identified as the head of a Dogecoin digital asset treasury (DVH) that aims to raise $200 million.
As reported by Fortune, sources disclosed this information under the condition of anonymity.
Fortune stated, “Investors are being approached for a treasury company to invest in Dogecoin.” The company is reportedly looking to secure “at least” $200 million, although a launch date for DVH is still uncertain.
The House of Doge, the organization behind Dogecoin, chose not to comment on the matter. According to Fortune, Shapiro has represented notable figures such as Jay-Z and Alec Baldwin in the past.
Digital asset treasuries (DVHs) have sparked significant interest in the cryptocurrency sphere recently. Various altcoin communities have transformed Nasdaq-listed companies into entities focused on gathering assets like Solana, SUI, Toncoin, and World Liberty Financial’s WLFI governance token.
Michael Saylor’s company, Strategy, is leading this trend as the world’s largest DVH, boasting around $70 billion in Bitcoin.
This is not investment advice!
