Sources: Elon Musk's personal lawyer is expected to become the new chairman of the DOGE Treasury company, which plans to raise $200 million to establish the DOGE Treasury.

BlockBeats News, August 30, according to Fortune, six anonymous sources revealed that investors in the market are receiving fundraising proposals from a DOGE treasury company, which will focus on investing in DOGE. Three of the sources are directly involved in the project pitch, while the other three learned about the plan from related trading parties.

According to two sources, the company plans to raise at least $200 million. Details such as the specific structure of the listed entity and the launch timeline have not yet been disclosed.

Three sources stated that the official DOGE entity "House of Doge" has signed an agreement to approve the plan, becoming the "official" treasury operation platform for DOGE. The company was established by the DOGE Foundation in early 2025, is headquartered in Miami, and is mainly responsible for promoting and developing the DOGE token.

According to fundraising documents sent to potential investors and information from five insiders, Elon Musk's private lawyer Alex Spiro is expected to serve as chairman of this listed company.