DOGE Launches Its Own Company, ‘Dogecoin Labs,’ to Build Beyond the Meme

Dogecoin announced today that it has created Dogecoin Labs, a dedicated company intended to develop products and applications across the cryptocurrency’s ecosystem. The firm will work with the Dogecoin Foundation to combine products, intellectual property, and development teams into one independent organization, and it will own and manage the Such App merchant payment platform, the EVM-compatible DogeOS application network, and the MyDoge wallet. MyDoge, a self-custodial wallet for sending, receiving, storing, and tipping Dogecoin, has more than 500,000 customers. Dogecoin Labs aims to expand real-world uses for DOGE, turn holders into active on-chain users, and create business opportunities.