PANews reported on May 6 that according to CoinDesk, DogeOS, the Dogecoin ecosystem application development layer, has completed a $6.9 million financing led by Polychain Capital. The project aims to provide developers with operating system-level tools based on the Dogecoin blockchain to support the development of consumer applications such as games and AI. Jordan Jefferson, CEO of the MyDoge wallet development team, said that the demand from the existing 500,000 wallet users shows that the community has a strong expectation for native Dogecoin applications.

This round of financing will accelerate the transformation of Dogecoin from a simple payment token to a multi-functional ecosystem. By simplifying the development process, DogeOS is expected to promote more DeFi and entertainment applications to integrate DOGE payments and enhance its actual usage scenarios.