Dogecoin Treasury shares will be publicly traded in the coming weeks.
This event may expand the status of Dogecoin (DOGE) as a meme token, and possibly create the prerequisites for an increase in the price of memcoin.
The upcoming public auction of Dogecoin Treasury is closely linked to Cleanscore Solutions, which recently announced the creation of a treasury through a private placement of $175 million.
Cleanscore said it plans to use the funds from the private placement to adopt Dogecoin as the treasury's main reserve asset.
The public listing will allow the company to raise additional capital by selling shares to purchase more DOGE.