Following Bitcoin and Ethereum, Mega Matrix Invests $2B in ENA as the Next Treasury Asset
Mega Matrix's SEC Filing: Mega Matrix (NYSE: MPU) has filed a $2 billion universal shelf registration with the SEC to support its Digital Asset Treasury strategy, becoming the first U.S.-listed company to anchor its treasury on ENA, the governance token of the USDe stablecoin.
USDe's Market Position: USDe has rapidly grown to become the world's third-largest stablecoin, with a market cap increase of over 200% since August 2024, and is positioned to benefit from the anticipated multi-trillion-dollar demand for stablecoins in the coming years.
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- Strategic Partnership: Mega Matrix Inc. has signed a memorandum of understanding with Ihsan Dhahab to establish a comprehensive precious metals economic zone in Saudi Arabia, which includes Shariah-compliant gold-backed tokens and stablecoins, potentially driving financial innovation in the Middle East.
- Technical Support and Financing: Under the MOU, Mega Matrix will leverage its expertise in stablecoins and Web3 to provide advisory support for capital raising and financing, which is expected to enhance the company's influence in building digital financial infrastructure.
- Market Expansion: Ihsan Dhahab will utilize its market knowledge in Saudi Arabia and Qatar to oversee regulatory approvals and daily operations, which is anticipated to accelerate project implementation and strengthen the company's competitive position in the Middle Eastern market.
- Digital Asset Strategy: This collaboration aligns with Mega Matrix's digital asset treasury strategy, aiming to diversify its basket of stablecoins and governance tokens, thereby further expanding the company's business scope and market share.

- Strategic Partnership: Mega Matrix Inc. has signed an MOU with Ihsan Dhahab to collaboratively develop a precious metals economic zone in Saudi Arabia, encompassing the entire value chain from refining to trading, which is expected to drive growth in the Middle Eastern precious metals market.
- Financial Innovation: The parties will design and launch a Shariah-compliant gold-backed token and stablecoin, aimed at providing compliant financial instruments to investors, enhancing market appeal and promoting the adoption of digital assets.
- Digital Bank Establishment: Plans are underway to create an Islamic digital bullion bank that will offer Shariah-compliant financing, vaulting, and logistics services, which is anticipated to elevate the overall service capabilities of the precious metals ecosystem to meet rising market demand.
- Technical Support: Mega Matrix will leverage its expertise in stablecoins and Web3 to provide advisory support for capital raising and financing, facilitating sustainable development and scalability of the projects.

Participation in TOKEN2049: Mega Matrix Inc. announced its participation in TOKEN2049 Singapore 2025, where Co-Founder Colin Butler delivered a keynote on the company's innovative global digital asset treasury (DAT) strategy focused on stablecoins and governance tokens.
Vision for Stablecoins: MPU aims to become a leading stablecoin-focused digital asset treasury company, emphasizing a diversified portfolio that balances stability and growth, while continuing to adapt its strategy based on market developments.
Market Performance: Transportation services shares are down approximately 0.9%, with EHang Holdings and Mega Matrix leading the decline at 4% and 3.5%, respectively.
Sector Laggards: The rubber and plastics sector, along with transportation services, are identified as laggards in the market on Friday.

Strategic Acquisition Announcement: Mega Matrix Inc. has acquired approximately $6 million worth of ENA tokens, including a recent $3 million purchase, to strengthen its position in stablecoin governance tokens through its DAT strategy.
Future Plans and Risks: The company plans to continue accumulating ENA tokens weekly based on market conditions, while also acknowledging various risks and uncertainties associated with their new business strategy and investments in digital assets.
Mega Matrix Inc. Registration: Mega Matrix Inc. has filed a $2 billion universal shelf registration with the SEC to enhance its Digital Asset Treasury strategy, becoming the first U.S.-listed company to anchor reserves in ENA, the governance token of the stablecoin USDe.
USDe's Market Growth: USDe has rapidly become the third-largest stablecoin, with a market cap increase of over 200% since August 2024, and is projected to play a significant role in the future of stablecoins, potentially reaching a market size of $10 trillion.







