Mega Matrix Inc. Announces Strategic Reserve for Stablecoin Management
According to BlockBeats, Mega Matrix Inc., which is listed on the New York Stock Exchange under the ticker MPU, has announced the establishment of a treasury reserve strategy for stablecoin governance tokens. The company plans to use the governance token of the Ethena ecosystem, $ENA, as the primary strategic reserve asset. This initiative aims to actively participate in the management of the stablecoin ecosystem by strategically holding leading stablecoin governance tokens, positioning the company at the forefront of innovation in the stablecoin space.