Spirit Blockchain Acquires Dogecoin Holdings, Eyes Global DOGE Adoption

Spirit Blockchain Acquires Dogecoin Holdings to Foster Global DOGE Adoption and Expand Digital Asset Management

Spirit Blockchain Capital Inc. (CSE: SPIR) has acquired Dogecoin Portfolio Holdings Corp. to accelerate global adoption of DOGE, according to Wu Blockchain. The company also announced the appointment of Ankr co-founder Chandler Song as a strategic advisor for Dogecoin Holdings, demonstrating industry support for the development of its ecosystem.

Song's investment and advisory role further signal his commitment to Dogecoin's growth. By leveraging Dogecoin's vast community and cultural influence, Spirit Blockchain aims to enhance its digital asset management offerings.

This acquisition supports Spirit Blockchain's objectives of fostering the widespread adoption of Dogecoin and expanding its digital asset capabilities. The market outlook for DOGE remains positive despite a recent decline in derivatives trading volume and increased liquidations.