Dogecoin Could Reach PayPal, Venmo Users via Paxos

House of Doge and merger partner Brag House Holdings announced an agreement to integrate Dogecoin listings with Paxos' enterprise-grade crypto brokerage and custody systems.

The integration is intended to make Dogecoin available across Paxos' enterprise systems, which serve business and institutional clients. Paxos provides blockchain infrastructure that lets consumer apps offer the buying, selling and holding of cryptocurrencies; PayPal, Venmo and Mercado Libre use Paxos' services.

The companies said Paxos' client network spans hundreds of millions of users in more than 150 countries. They did not provide a timeline for when, or if, Dogecoin would be made available to end users through those consumer apps.

House of Doge CEO Marco Margiotta described the partnership this way: “By integrating with Paxos' trusted and regulated infrastructure, we are creating a powerful pathway for leading global fintech platforms to make Dogecoin accessible to their users.”

Nick Robnett, head of crypto business at Paxos, added, “Paxos is committed to enabling safe and responsible access to digital assets through our regulated infrastructure.” He said Paxos will work with enterprise clients as they evaluate expanding digital asset offerings.

The agreement covers listing Dogecoin across Paxos' brokerage and custody services. Brag House Holdings, identified as a merger partner, will work with House of Doge on the initiative. The companies did not disclose technical steps for integration or a projected date for live listings.

Dogecoin, created in 2013, trades on retail and institutional venues. At the time of the announcement, Dogecoin traded around $0.10 and had a market capitalization near $15.4 billion.

Any availability of Dogecoin to consumer customers of apps that use Paxos would depend on decisions by those fintech platforms and any required regulatory approvals.