Dogecoin gains Paxos support in push for broader institutional adoption
The integration gives fintech and institutional platforms a new pathway to evaluate DOGE amid signs of slowing crypto adoption.
The Dogecoin Foundation’s corporate arm has partnered with Paxos to integrate DOGE across its brokerage and custody infrastructure, potentially expanding access to the memecoin through regulated financial channels.
According to a Monday announcement, Dogecoin (DOGE) will become available through Paxos’ brokerage and custody platform, allowing the company’s fintech, payments and institutional clients to evaluate support for the memecoin.
Paxos provides crypto infrastructure for several major fintech and brokerage platforms, including PayPal, Venmo, Interactive Brokers and Mercado Libre.