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Metalpha Partners with DogeOS to Expand Crypto Innovation and Promote Dogecoin's Vision
Strategic Alliance Combines MyDoge's Retail Legacy with Institutional Expertise to Drive DOGE Innovation HONG KONG, June 5, 2025 /PRNewswire/ -- Metalpha
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[{"type":"text","content":"Strategic Alliance Combines MyDoge's Retail Legacy with Institutional Expertise to Drive DOGE Innovation\nHONG KONG, June 5, 2025 /PRNewswire/ -- Metalpha Technology Holding Limited (Nasdaq: MATH) (the \"Company\" or \"Metalpha\"), through its subsidiaries, is dedicated to providing digital asset-focused wealth management services with a full- service, institutional-grade platform. Today, the Company announced a partnership with DogeOS—the application layer founded by the MyDoge team—to accelerate Dogecoin's (DOGE) evolution as a market-leading cryptocurrency. This collaboration unites Metalpha's institutional support for proof-of-work (PoW) ecosystems with DogeOS's vision to transform DOGE into a versatile blockchain platform for gaming, DeFi, and AI.\n\nWhy Dogecoin? A Community-Driven Crypto Powerhouse\nFor Dogecoin, the arrival of Metalpha's infrastructure-oriented investment marks a strategic inflection point. With over 4 million daily transactions and a market capitalization that consistently ranks among the top 10 cryptocurrencies, DOGE has emerged as the world's most valuable memecoin, bridging internet culture with blockchain utility. However, Dogecoin has operated primarily on centralized exchanges, limiting its potential for decentralized finance applications and productive use cases.\nThrough this partnership, Metalpha will bring institutional liquidity that may enter productive use cases within the DogeOS ecosystem. This liquidity could enable native DOGE yield and DeFi opportunities, providing Dogecoin holders with meaningful utility beyond trading for the first time.\n\"By partnering with DogeOS, we're extending our decade-long support for PoW innovation—from Bitcoin mining indices to Litecoin sustainability programs—to help DOGE unlock enterprise-grade applications.\" said Metalpha CEO Adrian Wang.\nDogeOS: The App Layer for Dogecoin, Built by MyDoge Team\nFounded by the creators of MyDoge (the leading Dogecoin wallet with over 500,000 users), DogeOS is engineered to amplify DOGE's cultural identity while attracting mainstream developers. Backed by $6.9 million in funding led by Polychain Capital, DogeOS provides tools to build consumer apps ranging from AI integrations to gaming platforms.\n\"Our mission is to make Dogecoin the most developer-friendly PoW blockchain,\" said Jordan Jefferson, CEO and Founder of D...