American company Kelsier Ventures, recently at the center of a scandal involving the meme coin LIBRA, is back in the headlines of the crypto industry. According to French outlet The Big Whale, the firm held discussions with the Nigerian government about creating a new meme coin based on the Solana blockchain. However, the reputational fallout from the previous project leaves experts questioning the future of this new venture.
Grayscale $MNRS has recently introduced a new private trust designed to offer institutional investors access to the popular meme coin Dogecoin. This move marks a significant step forward in enhancing global financial inclusivity, particularly for regions with underdeveloped traditional banking systems. The company emphasizes Dogecoin’s low fees and high transaction speeds, making it an efficient medium for international money transfers.