According to PR Newswire, Mega Matrix Inc. (NYSE: MPU), a New York Stock Exchange-listed company, today officially announced it has developed a treasury reserve strategy for stablecoin governance tokens (referred to as "DATs"), using $ENA, the Ethena ecosystem governance token, as its core strategic reserve asset. Ethena, the issuer of USDe, the third-largest stablecoin by market share, holds significant influence in the decentralized stablecoin space.
This strategy aims to systematically allocate high-quality stablecoin governance tokens, deeply participate in the governance mechanisms of the stablecoin ecosystem, and further consolidate MPU's involvement and voice in digital currency innovation. The company stated that this move will not only help it seize opportunities in the rapidly evolving stablecoin market, but also strengthen its strategic position in this emerging sector, laying the foundation for long-term value growth.
Mega Matrix Inc. emphasized that the use of $ENA as the primary reserve asset reflects its recognition of the long-term potential of the Ethena ecosystem and the USDe stablecoin model, and demonstrates its commitment to promoting the development of blockchain financial infrastructure.