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Listed company Mega Matrix announced the establishment of a stablecoin governance token treasury centered around the ENA token. - CoinFeed
Time 14:15

Listed company Mega Matrix announced the establishment of a stablecoin governance token treasury centered around the ENA token.

August 25, 2025
CoinFeed News

Mega Matrix Inc. (NYSE: MPU), a NYSE-listed company, announced the establishment of a Treasury Reserve (DAT) strategy for stablecoin governance tokens, using ENA, the ecosystem governance token of Ethena, the issuer of the third-largest stablecoin, USDe, as its core strategic reserve asset. This initiative aims to actively participate in the governance of the stablecoin ecosystem by strategically holding leading stablecoin governance tokens, thereby placing the company at the forefront of stablecoin innovation.

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