BlockBeats News, July 2nd, publicly traded company Dogecoin Cash Inc. announced the establishment of its wholly-owned subsidiary Dogecoin Treasury Inc. (referred to as "DTI"). The establishment of DTI aims to support the company's internal software tools and infrastructure development and management around Dogecoin Cash (DOG), including the protocol framework concept currently in its early stages, tentatively named the "Dogecoin Protocol."
Dogecoin Cash (DOG) is an innovative cryptocurrency that encourages users to drive its development through promotion and participation. Whether through social media, content creation, or personal referrals, users can earn DOG rewards and collectively shape the future of the digital currency.
The initial focus of Dogecoin Treasury, Inc. includes: supporting the company's development work in the Dogecoin Cash (DOG) related field; assisting in managing the company's holdings or acquisitions of digital assets; serving as a platform for protocol-related asset ownership and long-term planning.
Dogecoin Cash Inc. (ticker: DOGP) has seen a 4.60% decline in its stock price over the past 5 days, with a current market capitalization of $4.14 million.