MIAMI, Oct. 23, 2025 (GLOBE NEWSWIRE) -- House of Doge Inc., the official corporate arm of the Dogecoin Foundation, congratulates 21Shares, the world’s leading provider of cryptocurrency exchange-traded products, on its announced acquisition by FalconX. The transaction represents a significant step in the effort to align listed markets with digital assets and expands FalconX’s global presence across the United States, Europe, and Asia-Pacific.

House of Doge formed a partnership with 21Shares earlier this year to help broaden regulated access to Foundation-backed Dogecoin products for mainstream investors. FalconX is an investor in CleanCore Solutions, which operates the Official Dogecoin Treasury. Together, these relationships connect House of Doge’s mission to drive real-world utility with 21Shares’ exchange-traded product expertise and FalconX’s institutional market infrastructure.

According to the acquisition announcement, the combination brings together 21Shares’ strengths in product development and distribution with FalconX’s institutional trading, credit, structuring, and risk-management infrastructure. The combined platform is expected to create regulated investment products that serve growing institutional and retail demand for digital-asset exposure.

Since 2018, 21Shares has developed into a global leader in digital-asset ETPs. As of September 30, 2025, it managed more than 11 billion US dollars in assets across 55 listed products. FalconX, co-founded by Chief Executive Officer Raghu Yarlagadda, has facilitated over 2 trillion US dollars in trading volume for more than 2,000 institutional clients around the world.

FalconX stated that the acquisition is a deliberate, long-term investment intended to build durable enterprise value across market cycles. Following completion of the transaction, 21Shares will continue to operate independently under the FalconX umbrella. No changes are planned to the construction or investment objectives of existing 21Shares ETPs in Europe or ETFs in the United States.

About House of Doge

House of Doge is the official corporate arm of the Dogecoin Foundation, committed to advancing Dogecoin ($DOGE) as a widely accepted and decentralized global currency. By investing in the necessary infrastructure to integrate Dogecoin into everyday commerce, House of Doge is building secure, scalable, and efficient systems for real-world use. From payments and financial products to real-world asset tokenization and cultural partnerships, House of Doge is leading the next era of crypto utility, where Dogecoin goes beyond the meme and fulfills its mission of Doing Only Good Everyday on a global scale.

Media Contacts

House of Doge

Angela Gorman

Communications Director

Email: [email protected]

Tel: (917) 348-0083

Statement Regarding Forward Looking Information

Information and statements contained in this news release that are not historical facts are "forward-looking information" that involve risks and uncertainties relating, but not limited, to House of Doge’s and Brag House’s current expectations, intentions, plans, and beliefs. Forward-looking information can often be identified by forward-looking words such as "anticipate", "believe", "expect", "goal", "plan", "target", "intend", "estimate", "could", "should", "may" and "will" or the negative of these terms or similar words suggesting future outcomes, or other expectations, beliefs, plans, objectives, assumptions, intentions or statements about future events or performance. Examples of forward-looking information in this news release include, without limitation: the pending acquisition of 21Shares by FalconX, the expected closing of the merger between House of Doge and Brag House, which is still subject to various closing conditions and no expected changes to the construction or investment objectives of existing 21Shares ETPs in Europe or ETFs in the United States. These forward-looking statements are based, in part, on assumptions and factors that may change or prove to be incorrect, thus causing actual results, performance or achievements to be materially different from those expressed or implied by forward-looking information.

Readers should be aware that these statements are subject to known and unknown risks, uncertainties and other factors that could cause actual results to differ materially from those suggested by the forward-looking statements including, but not limited to, the risk factors discussed in the Risk Factors and in Management's Discussion and Analysis of Financial Condition and Results of Operations sections of Brag House’s Forms 10-K, 10-Q and other reports filed with the SEC and available at www.sec.gov.

Readers are cautioned not to place undue reliance on forward-looking information. By its nature, forward-looking information involves numerous assumptions, inherent risks and uncertainties, both general and specific, that contribute to the possibility that the predictions, forecasts, projections and various future events will not occur. House of Doge and Brag House undertakes no obligation to update publicly or otherwise revise any forward-looking information whether as a result of new information, future events or other such factors which affect this information, except as required by law.

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Source: House of Doge