Ethena Presents 6x Potential Over Circle: Mega Matrix Highlights ENA Ecosystem

Mega Matrix's Investment Strategy: Mega Matrix has centered its digital asset investment strategy around the Ethena stablecoin ecosystem, aiming to capture market share from established players like Circle as stablecoin regulations tighten, particularly influenced by the US GENIUS Act.

Growth Potential of Ethena: The company believes Ethena, through its synthetic stablecoin USDe, has significant growth potential, estimating revenues of $150 million within a year, driven by its yield-generating features that differentiate it from competitors.

Publicly Traded Digital Asset Treasury: Mega Matrix has transitioned into a digital asset treasury focused on Ethena, providing investors direct access to the stablecoin market through its governance token ENA, supported by a $2 billion shelf registration for capital raising.

Fee-Switch Mechanism: Ethena's proposed fee-switch mechanism aims to share protocol revenues with ENA token stakers, with performance metrics already established, although an official activation date has yet to be announced.