Acquisition accelerates House of Doge's expansion into tokenized alternative investments and on-chain yield, company investigating financing alternatives, plans to seek stockholder approval for a reverse split of its common stock. MIAMI , Oct. 23, 2026 (GLOBE NEWSWIRE) -- House of Doge Inc. (NASDAQ: HODO) today announced an agreement to acquire the tokenization platform and credit assets of McQueen Labs Inc. , marking a major push into the $51 billion tokenized real-world asset market and accelerating plans to introduce tokenized yield vaults that put real-world credit assets to work on blockchain rails. The acquisition marks the beginning of a new chapter for House of Doge , as the company sharpens its focus on tokenized alternative investments and on-chain yield. A forthcoming corporate rebrand is also part of the company's plans, with additional strategic announcements expected in the months ahead. As part of the announced transaction, Mr. Curt Hopkins , CEO of McQueen Labs , will be appointed interim CEO and CFO of House of Doge, Inc. Following the closing, it is anticipated that Mr. Hopkins’s CEO appointment will be made permanent, while a search will be conducted for a CFO. Supporting this strategic expansion, House of Doge is examining financing alternatives to pursue growth opportunities, accelerate its tokenization strategy, and support its broader ambitions in digital finance. In addition, the company expects to file a proxy statement in the near future in connection with its annual meeting of stockholders, which will include a proposal to approve the reverse split of its common stock. A $51 Billion Market Opportunity Tokenization is transforming how real-world assets are owned, traded, and used in financial markets. According to Bernstein Research data reported by Cointelegraph in May 2026 , the tokenized real-world asset market reached approximately $51 billion , growing 42% year to date, with private credit accounting for roughly 44% of the market. House of Doge aims to capitalize on this momentum by moving beyond tokenized ownership into tokenized yield vaults , designed to unlock new opportunities for generating yield from real-world assets. "This acquisition marks an important step toward the future we're building," said Sarosh Mistry , Chairman of House of Doge . " McQueen Labs brings the technology and assets to accelerate our vision for tokenized yield vaults and alternative investments. With a new corporate identity, a sharper strategic focus, and more developments ahead, we're laying the groundwork for the next phase of our growth." “Investors globally are seeking higher yields, yet traditional markets often fail to adequately compensate them for liquidity, credit, and duration risk,” said Curt Hopkins , CEO of McQueen Labs and newly appointed interim CEO and CFO of House of Doge Inc. “Tokenized private credit and blockchain-based lending secured by these assets represent an enormous market opportunity. At McQueen Labs , we’ve built a leading tokenization platform focused on high-demand alternative assets historically inaccessible to most investors. Joining forces with House of Doge will accelerate our growth, expand distribution, and open the door to new asset classes.” Tokenized Yield Vaults: Putting Real-World Assets to Work At the center of House of Doge's expansion are tokenized yield vaults , structured blockchain-based products designed to accept tokenized credit assets as collateral and create new opportunities to access yield from income-producing alternative investments. By combining real-world credit assets with blockchain-based financial infrastructure, House of Doge aims to move beyond simply tokenizing ownership, creating products that enable tokenized assets to be used within a broader on-chain financial ecosystem. McQueen Labs , operator of MCQ Markets, developed its tokenization platform to enable fractional ownership of high-value collector cars, private credit and future alternative asset classes. House of Doge plans to leverage this infrastructure and the acquired credit assets to accelerate the development of its vault offerings and expand into tokenized credit, sports investments and yield-oriented products. The acquisition complements House of Doge's existing strategic interests in professional sports franchises and advances its focus on building a platform for tokenized alternative investments. Transaction terms and the anticipated launch timeline for the yield vaults have not yet been disclosed. Further details regarding the corporate rebrand, share consolidation, and additional strategic initiatives will be announced separately. Leadership Transition House of Doge also announced that Marco Margiotta , its Chief Executive Officer, and Charles Park , its Chief Financial Officer, have resigned from their positions, effective October 22, 2026 . House of Doge thanks Mr. Margiotta and Mr. Parks for their contributions to the company. Effective immediately, Curt Hopki