StockNews.AI
MPU
StockNews.AI
16 hrs

Mega Matrix Inc. Announces the Stablecoin Governance Tokens Treasury Reserve ("DAT") Strategy with ENA tokens as Primary Target

1. MPU announces strategic focus on stablecoin governance with ENA token. 2. USDe, a third-largest stablecoin, is a primary asset in MPU's strategy. 3. Stablecoin market projected to reach $2T by 2028, enhancing MPU's position. 4. Market conditions will influence MPU’s purchasing decisions in ENA tokens. 5. MPU aims to leverage innovative delta-neutral mechanisms for growth.

9m saved
Insight
Article

FAQ

Why Bullish?

The focus on stablecoins positions MPU well in a rapidly expanding market. Historical growth in digital assets, similar to Bitcoin, showcases potential upside.

How important is it?

The strategic move towards stablecoins can significantly drive MPU's market presence and investor confidence, impacting its stock price.

Why Long Term?

The stablecoin market's anticipated growth over the years will have sustained effects on MPU's valuation as it solidifies its market position.

Related Companies

, /PRNewswire/ -- Mega Matrix Inc. ("MPU" or the "Company") (NYSE American: MPU), today announced that it will focus on stablecoin governance token treasury reserve with Ethena's governance token ("ENA token"), as the primary strategic reserve asset under its digital asset treasury ("DAT") strategy. This initiative aims to actively participate in the governance of the leading stablecoin ecosystem through strategic holdings of stablecoin governance tokens, with the objective of positioning the Company at the forefront of stablecoins innovation. Ethena is a digital dollar protocol built on Ethereum and Ethena Foundation is the issuer of USDe, which, as of the date hereof, is the third largest stablecoin asset by circulating supply, following only Tether and Circle. ENA token is the governance token of Ethena, used for decentralized protocol governance and incentives. USDe is Ethena's synthetic dollar. It has been widely reported that USDe has distinguished itself as a fast-growing stablecoin, surpassing a $10 billion market supply in just 500 days, powered by its innovative delta-neutral, DeFi-native model and compelling yield mechanics underpinned by the GENIUS Act tailwinds. Subject to market conditions, MPU plans to purchase ENA Tokens as a part of its DAT. According to a 2025 Standard Charted report, Stablecoin Market could grow to $2T by the end of 2028. The DAT strategy for stablecoin governance tokens such as ENA Token as the primary treasury reserve assets is designed to support MPU in securing a strategic position within the rapidly growing stablecoin market. About Mega Matrix Inc.: Mega Matrix Inc. (NYSE American: MPU), a holding company headquartered in Singapore is executing its strategic expansion into the stablecoin governance tokens treasury reserve strategy and operates FlexTV, a short-video streaming platform and producer of short dramas, through Yuder Pte, Ltd., an indirect wholly owned subsidiary of the Company. For more information, please contact [email protected] or visit http://www.megamatrix.io. Forward-Looking Statements This press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. All statements in this press release other than statements that are purely historical are forward looking statements. When used in this press release, the words "estimates," "projected," "expects," "anticipates," "forecasts," "plans," "intends," "believes," "seeks," "may," "will," "should," "future," "propose," and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees for future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company's control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, are the: ability to manage growth; ability to identify and integrate future acquisitions; ability to grow and expand our FlexTV business; ability to purchase stablecoin governance tokens, Bitcoin or Ethereum at the price that we want; ability to reinitiate the ETH staking business, ability to implement the strategic expansion into the stablecoin sector, ability to implement the new business strategy with a focus on stablecoin governance token and ability to create value; the regulatory volatility on stablecoins and governance tokens; ability to obtain additional financing in the future to fund capital expenditures and our digital asset treasury ("DAT") reserve strategy and ability to create value; fluctuations in general economic and business conditions; costs or other factors adversely affecting the Company's profitability; litigation involving patents, intellectual property, and other matters; potential changes in the legislative and regulatory environment; a pandemic or epidemic; the possibility that the Company may not succeed in developing its new lines of businesses due to, among other things, changes in the business environment, competition, changes in regulation, or other economic and policy factors; and the possibility that the Company's new lines of business may be adversely affected by other economic, business, and/or competitive factors. The forward-looking statements in this press release and the Company's future results of operations are subject to additional risks and uncertainties set forth under the heading "Risk Factors" in documents filed by the Company with the Securities and Exchange Commission ("SEC"), including the Company's latest annual report on Form 20-F, filed with the SEC on March 28, 2025, and are based on information available to the Company on the date hereof. In addition, such risks and uncertainties include the inherent risks with investing in ENA token, Bitcoin and/or Ethereum, including ENA token's,  Bitcoin's and Ethereum's volatility; and risk of implementing a new DAT strategy focusing on ENA token. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this press release. Disclosure Channels We announce material information about the Company and its services and for complying with our disclosure obligation under Regulation FD via the following social media channels:  X (f/k/a Twitter): twitter.com/MegaMatrixMPU Facebook: facebook.com/megamatrixmpu LinkedIn: linkedin.com/company/megamatrixmpu The Company will also use its landing page on its corporate website (www.megamatrix.io) to host social media disclosures and/or links to/from such disclosures. The information we post through these social media channels may be deemed material. Accordingly, investors should monitor these social media channels in addition to following our website, press releases, SEC filings and public conference calls and webcasts. The social media channels that we intend to use as a means of disclosing the information described above may be updated from time to time as listed on our website. For inquiries, please contact: [email protected]  SOURCE Mega Matrix Inc. WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

Related News