Grayscale introduced a Dogecoin Trust for institutional investors, recognizing Dogecoin's evolution from a meme to a tool for financial inclusion. The trust, solely backed by Dogecoin, reflects institutions adapting to a changing regulatory environment.

Grayscale Investments has announced the launch of a Dogecoin Trust fund to offer investors exposure to Dogecoin (DOGE), a cryptocurrency that has transitioned from its meme coin roots to a symbol of broader financial inclusion.