Metalpha Technology Holding Limited (Nasdaq: Math), a supplier of institutional digital assets management management services, has announced a partnership with Dogeos, the application layer founded by Mydoge. The aim is to support the development of Dogecoin (Doge) as a blockchain platform that is suitable for gaming, decentralized finances (Defi) and artificial intelligence (AI) applications.
Dogeos is aimed at expanding the usefulness of Dogecoin outside the current use at centralized fairs. Although Dogecoin records more than 4 million daily transactions and holds a position in the best cryptocurrencies by market capitalization, integration with decentralized platforms is limited.
Dogeos was developed by the team behind Mydoge, a popular Dogecoin portion with more than 500,000 users. The platform has $ 6.9 million in financing, led by Polychain Capital, and is Bouwtools for developers to create consumer applications in different sectors.
Metalpha has a history of supporting proof-of-work networks, including initiatives in Bitcoin and Litecoin. It has worked on institutional indexes, aids for risk management and research into sustainability. This collaboration with Dogeos continues the focus of Metalpha on expanding the practical use of digital assets and strengthening infrastructure for proof-of-work ecosystems.
Image: Freepik
Credit : cryptonews.net
