Elon Musk’s Lawyer to Lead $200M Dogecoin Treasury

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Elon Musk’s lawyer Alex Spiro is set to chair a planned $200 million Dogecoin treasury company backed by House of Doge, as memecoin treasury vehicles begin to emerge.

Elon Musk’s attorney Alex Spiro is set to chair a new public company that aims to raise $200 million to invest in Dogecoin, according to a Fortune report citing six people familiar with the deal.

The initiative is being pitched to investors as a Dogecoin treasury vehicle with the endorsement of House of Doge, the corporate entity launched in early 2025 by the Dogecoin Foundation and headquartered in Miami, Fortune reported Friday.

The company seeks to raise at least $200 million as a public vehicle to hold Dogecoin on its balance sheet, giving investors stock-market exposure to the token without direct ownership. 

The effort remains at the pitch stage, with details on its structure or launch timing not yet disclosed.

Spiro, a Quinn Emanuel Urquhart and Sullivan partner who has represented high-profile clients including Elon Musk, Jay-Z and Alec Baldwin, has been named in investor materials and conversations as the planned chairman of the entity.

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