Elon Musk’s longtime attorney Alex Spiro has been named chairman of a new Dogecoin (DOGE) digital asset treasury (DAT) seeking to raise at least $200 million, according to a Fortune report on Friday that cited people familiar with the matter. The initiative, currently being pitched to investors, would create a publicly traded company designed to accumulate Dogecoin on its balance sheet. Investors are closely watching whether the initiative could act as a catalyst for Dogecoin’s price appreciation. Celebrity Lawyer’s Meme Coin Treasury Effort Spiro, a partner at Quinn Emanuel Urquhart & Sullivan, has been identified in investor materials as the planned chairman of the new entity
source: https://beincrypto.com/musk-lawyer-dogecoin-treasury/