Mega Matrix Inc. Announces the Stablecoin Governance Tokens Treasury Reserve ("DAT") Strategy with ENA tokens as Primary Target
Mega Matrix Inc. (NYSE American: MPU) has announced its strategic focus on stablecoin governance token treasury reserve, primarily targeting Ethena's governance token (ENA) under its digital asset treasury (DAT) strategy. The company aims to participate in the governance of leading stablecoin ecosystems through strategic token holdings.
Ethena's stablecoin USDe is currently the third-largest stablecoin by circulating supply, following Tether and Circle. The stablecoin has achieved remarkable growth, surpassing $10 billion market supply in 500 days. According to a 2025 Standard Chartered report, the stablecoin market could expand to $2 trillion by 2028.
Mega Matrix Inc. (NYSE American: MPU) ha annunciato il proprio orientamento strategico verso una riserva di tesoreria costituita da token di governance legati agli stablecoin, con un focus principale sul token di governance di Ethena (ENA) nell'ambito della sua strategia di tesoreria in asset digitali (DAT). L'azienda intende partecipare alla governance degli ecosistemi di stablecoin pi霉 rilevanti mediante partecipazioni strategiche in token.
Lo stablecoin di Ethena, USDe, 猫 attualmente il terzo stablecoin per offerta circolante, dopo Tether e Circle. Lo stablecoin ha registrato una crescita notevole, superando i $10 miliardi di offerta di mercato in 500 giorni. Secondo un report di Standard Chartered del 2025, il mercato degli stablecoin potrebbe espandersi fino a $2 trilioni entro il 2028.
Mega Matrix Inc. (NYSE American: MPU) ha anunciado su enfoque estrat茅gico hacia una reserva de tesorer铆a compuesta por tokens de gobernanza de stablecoins, con un objetivo principal en el token de gobernanza de Ethena (ENA) dentro de su estrategia de tesorer铆a de activos digitales (DAT). La compa帽铆a pretende participar en la gobernanza de los principales ecosistemas de stablecoins mediante tenencias estrat茅gicas de tokens.
El stablecoin de Ethena, USDe, es actualmente el tercer stablecoin m谩s grande por oferta en circulaci贸n, despu茅s de Tether y Circle. El stablecoin ha mostrado un crecimiento notable, superando los $10 mil millones de oferta de mercado en 500 d铆as. Seg煤n un informe de Standard Chartered de 2025, el mercado de stablecoins podr铆a expandirse hasta $2 billones para 2028.
Mega Matrix Inc. (NYSE American: MPU)電� 鞀ろ厡鞚措笖旖旍澑 瓯半矂雱岇姢 韱犿伆鞚� 氤挫湢頃橂姅 順曧儨鞚� 鞛欷�牍勱笀(treasury reserve)鞐� 鞝勲灥鞝侅溂搿� 歆戩頃滊嫟瓿� 氚滍憸頄堨溂氅�, 霐旍韯� 鞛愳偘 鞛鞝勲灥(DAT)鞚� 鞚柬櫂鞙茧 欤茧 Ethena鞚� 瓯半矂雱岇姢 韱犿伆(ENA)鞚� 氇╉憸搿� 靷缄碃 鞛堨姷雼堧嫟. 須岇偓電� 鞝勲灥鞝� 韱犿伆 氤挫湢毳� 韱淀暣 欤检殧 鞀ろ厡鞚措笖旖旍澑 靸濏儨瓿勳潣 瓯半矂雱岇姢鞐� 彀胳棳頃� 瓿勴殟鞛呺媹雼�.
Ethena鞚� 鞀ろ厡鞚措笖旖旍澑 USDe電� 順勳灛 鞙犿喌 瓿店笁 旮办 靹� 氩堨Ц搿� 韥� 鞀ろ厡鞚措笖旖旍澑鞙茧, Tether鞕� Circle 雼れ潓鞐� 鞙勳箻頃� 鞛堨姷雼堧嫟. 鞚� 鞀ろ厡鞚措笖旖旍澑鞚� 500鞚� 毵岇棎 鞁滌灔 瓿店笁 攴滊 100鞏� 雼煬毳� 霃岉寣頃橂姅 霌� 雸堨棎 霛勲姅 靹膘灔鞚� 氤挫榾鞀惦媹雼�. 2025雲� Standard Chartered 氤搓碃靹滌棎 霐半ゴ氅� 鞀ろ厡鞚措笖旖旍澑 鞁滌灔鞚� 2028雲勱箤歆� 2臁� 雼煬 攴滊搿� 頇曤寑霅� 靾� 鞛堧嫟瓿� 頃╇媹雼�.
Mega Matrix Inc. (NYSE American: MPU) a annonc茅 son orientation strat茅gique vers une r茅serve de tr茅sorerie compos茅e de tokens de gouvernance li茅s aux stablecoins, en ciblant principalement le token de gouvernance d'Ethena (ENA) dans le cadre de sa strat茅gie de tr茅sorerie d'actifs num茅riques (DAT). La soci茅t茅 vise 脿 participer 脿 la gouvernance des principaux 茅cosyst猫mes de stablecoins via des d茅tentions strat茅giques de tokens.
Le stablecoin d'Ethena, USDe, est actuellement le troisi猫me plus grand stablecoin par offre en circulation, derri猫re Tether et Circle. Le stablecoin a connu une croissance remarquable, d茅passant les 10 milliards de dollars d'offre de march茅 en 500 jours. Selon un rapport de Standard Chartered de 2025, le march茅 des stablecoins pourrait s'茅tendre jusqu'脿 2 000 milliards de dollars d'ici 2028.
Mega Matrix Inc. (NYSE American: MPU) hat angek眉ndigt, sich strategisch auf eine Treasury-Reserve aus Governance-Token von Stablecoins zu fokussieren, wobei der Schwerpunkt im Rahmen seiner Digital Asset Treasury (DAT)-Strategie auf dem Governance-Token von Ethena (ENA) liegt. Das Unternehmen beabsichtigt, sich durch strategische Token-Best盲nde an der Governance f眉hrender Stablecoin-脰kosysteme zu beteiligen.
Ethena's Stablecoin USDe ist derzeit das drittgr枚脽te Stablecoin nach umlaufendem Angebot, nach Tether und Circle. Das Stablecoin verzeichnete bemerkenswertes Wachstum und 眉berschritt in 500 Tagen die Marktversorgung von 10 Milliarden US-Dollar. Laut einem Bericht von Standard Chartered aus dem Jahr 2025 k枚nnte der Stablecoin-Markt bis 2028 auf 2 Billionen US-Dollar anwachsen.
- Strategic positioning in the rapidly growing stablecoin market
- Focus on ENA tokens of USDe, the third-largest stablecoin by circulating supply
- Entry into a market projected to reach $2T by 2028
- Potential governance influence in a leading stablecoin ecosystem
- High regulatory uncertainty surrounding stablecoins and governance tokens
- Investment subject to significant crypto market volatility
- Success dependent on market conditions for ENA token purchases
- Multiple operational risks in implementing new DAT strategy
Insights
MPU pivots to stablecoin governance tokens strategy, targeting ENA tokens in emerging $2T market opportunity.
Mega Matrix Inc. (MPU) is making a strategic pivot into the stablecoin ecosystem by focusing on governance token holdings, particularly Ethena's ENA token. This represents a calculated bet on the rapidly expanding stablecoin market, which Standard Chartered projects could reach
The company's Digital Asset Treasury (DAT) strategy centers on acquiring ENA tokens鈥攖he governance token for USDe, currently the third-largest stablecoin by circulating supply behind only Tether and Circle. USDe has demonstrated remarkable market penetration, exceeding
This strategic shift positions MPU to potentially benefit from two key value drivers: governance influence in a major stablecoin protocol and speculative appreciation of governance tokens if stablecoin adoption continues its current trajectory. By focusing specifically on governance tokens rather than stablecoins themselves, MPU is taking a more leveraged approach to the sector.
What makes this particularly noteworthy is that MPU is maneuvering to become an early corporate participant in stablecoin governance鈥攁 novel approach compared to companies that have added Bitcoin or Ethereum to their treasuries. The company appears to be betting that stablecoin governance tokens will provide better risk-adjusted returns than direct cryptocurrency holdings, while simultaneously giving them voting power in protocols that may become increasingly important in global finance.
MPU's strategic shift toward stablecoin governance tokens represents a significant transformation in its business model and asset allocation strategy. The company is effectively positioning itself as a quasi-investment vehicle focused on the stablecoin governance sector鈥攁 highly specialized niche within the broader cryptocurrency market.
The move appears to be an attempt to differentiate MPU from both traditional companies and crypto-focused entities by creating a hybrid investment proposition centered on governance influence within the stablecoin ecosystem. Rather than simply holding cryptocurrencies as a treasury reserve (like MicroStrategy with Bitcoin), MPU is specifically targeting governance tokens that confer voting rights and potential appreciation if their associated protocols gain adoption.
From a corporate strategy perspective, this pivot must be evaluated alongside MPU's existing business lines. The company currently operates FlexTV, a short-video streaming platform, through a subsidiary. The press release doesn't explain how the stablecoin governance strategy complements or enhances the company's media business, suggesting this may be more of a parallel venture rather than an integrated strategy.
The extensive forward-looking statements and risk factors indicate management recognizes the speculative nature of this strategy. Investors should note that while the company frames this as a "treasury reserve" strategy, governance tokens like ENA typically experience high volatility and represent a fundamentally different risk profile than traditional corporate treasury assets. This suggests MPU is transforming into a more speculative holding company with significant exposure to cryptocurrency market dynamics.
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 辞蹿听, 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
According to a 2025 Standard Charted report, Stablecoin Market could grow to
About听Mega Matrix Inc.: Mega Matrix Inc. (NYSE American: MPU), a holding company headquartered in
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听stablecoin governance tokens, Bitcoin听辞谤听Ethereum听at the price that we want; ability to reinitiate the听ETH听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听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听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听ENA token, Bitcoin听补苍诲/辞谤听Ethereum, including ENA token's, 听Bitcoin's and听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:
听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 () 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:听[email protected]听
View original content to download multimedia:
SOURCE Mega Matrix Inc.
FAQ
What is Mega Matrix's (MPU) new stablecoin governance token strategy?
Why did MPU choose ENA tokens for its treasury reserve?
What is the market potential for MPU's stablecoin strategy?
What are the main risks of MPU's new treasury reserve strategy?
How will MPU implement its ENA token acquisition strategy?
