Dogecoin Foundation and Cleancore Create $175M DOGE Treasury
Elon Musk’s lawyer, Alex Spiro, has become the new chairman of Cleancore (NYSE: ZONE), a cleaning solutions company based in Omaha, Nebraska. On Tuesday, the company announced a big partnership with the Dogecoin Foundation to build a $175 million Dogecoin (DOGE) treasury through a private investment deal. The project is backed by investors like Pantera and GSR.
Spiro, a Harvard Law graduate and former CIA fellow, is well known for defending high-profile clients such as Aaron Hernandez, Jay-Z, Alec Baldwin, and MrBeast. Now, he is stepping away from the courtroom and entering the crypto world, leading the first treasury company officially supported by the Dogecoin Foundation.
According to Cleancore CEO Clayton Adams, this partnership shows how the company is pushing innovation:
“By using Dogecoin as part of our treasury, together with the Dogecoin Foundation and House of Doge, we’re showing how public companies can think differently and embrace the future.”