Mega Matrix Makes $2 Billion Move Into Stablecoin Treasury Game
Posted On September 12, 2025
Mega Matrix Inc. (NYSE:MPU) has filed a $2 billion universal shelf registration with the U.S. Securities and Exchange Commission to expand its Digital Asset Treasury strategy. The company is the first U.S.-listed firm to anchor its reserves in ENA, the governance token of the stablecoin USDe.
Industry analysts view the decision as the next phase in corporate digital asset adoption, following earlier Bitcoin and Ethereum treasury strategies. The firm sees ENA as a way to capture yield from USDe’s growth while benefiting from potential appreciation in ENA’s token value.
MPU has begun purchasing unlocked ENA from the open market, part of a strategy detailed …
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