From TokenPost · · 40s
House of Doge Assets Transfer to Dogecoin Labs
House of Doge to transfer assets to Dogecoin Labs pending closing conditions.
In brief
House of Doge to transfer assets to Dogecoin Labs pending closing conditions. House of Doge will contribute selected operations and assets to Dogecoin Labs for an equity stake after closing conditions are met. Originally reported by TokenPost.
Asset Transfer Agreement
House of Doge agreed to contribute selected product, engineering, and commercial operations to Dogecoin Labs for an equity stake.
Closing Conditions
The transfer remains pending until closing conditions are met, which include transaction finalization.
Dogecoin Labs Launch
Dogecoin Labs, formed Oct. 21 with the Dogecoin Foundation, aims to unify MyDoge, DogeOS, and Such App under one operation.
The bottom line
House of Doge will contribute selected operations and assets to Dogecoin Labs for an equity stake after closing conditions are met.
