This week, Kabosu, the dog behind the Dogecoin, celebrated her sixteenth birthday. It’s been eleven years since her now-famous photoshoot, and, in that time, she has watched cryptocurrency transform into an industry all its own. Kabosu has inspired a number of digital assets, worth billions of dollars, over the years. She is among the world’s most notable canines.
“Kabosu, I think, in many people’s minds, marks the early days of cryptocurrency. We, at Modulus, cataloged thousands of digital currencies four or five years ago. I remember reviewing the notables for the top couple hundred cryptocurrencies. Dogecoin. Notables: Dog meme. So much has changed for Dogecoin since then, perhaps, most notably, the influence of Mark Cuban. But, that’s not all. Kabosu’s landmark birthday really is a turning of the page for cryptocurrencies, too,” said Richard Gardner, CEO of Modulus, a US-based developer of ultra-high-performance trading and surveillance technology that powers global equities, derivatives, and digital asset exchanges.
“Now, we’re at a point where cryptocurrency is completely mainstream. Even just in this past year, cryptocurrencies have grown leaps and bounds. A country has recognized Bitcoin as legal tender. Corporations are hiring executives to manage a digital assets strategy. Big corporations. Investment banks are opening up cryptocurrencies as an investment option for select clients. Cryptocurrencies are easier to buy than ever. And a larger segment of the population is buying in than ever before. We’ve come a long way since ‘dog meme,’” said Gardner.
Modulus is known throughout the financial technology segment as a leader in the development of ultra-high frequency trading systems and blockchain technologies. Modulus has provided its exchange solution to some of the industry’s most profitable digital asset exchanges, including a well-known multi-billion-dollar cryptocurrency exchange. Over the past twenty years, the company has built technology for the world’s most notable institutions, with a client list which includes NASA, NASDAQ, Goldman Sachs, Merrill Lynch, JP Morgan Chase, Bank of America, Barclays, Siemens, Shell, Yahoo!, Microsoft, Cornell University, and the University of Chicago.
“The passing of the years for Kabosu has made her an international icon. From photo shoot to meme to the basis of billions of dollars’ worth of investments. And, her life parallels the same growth in an industry that is still banging on the door, exploding into the mainstream, and fundamentally changing the way the world thinks about assets. Cryptocurrencies and other digital assets, like CBDCs, are going to be here for the long haul. Finance is changing. And Kabosu will always be a part of that story,” said Gardner.
