Mega Matrix submits $2 billion in fundraising registration statement
Source: Odaily
Time: 2025-09-04 20:53:08
Odaily Planet Daily News Mega Matrix, a New York U.S. Stock Exchange listed company, announced a $2 billion universal shelf registration statement (Form F-3) to support its stablecoin governance token DAT strategy, with the goal of building the world's largest stablecoin governance token company. Last week, the company announced Ethena’s governance token $ENA as its top target for its DAT strategy. Once the registration statement is in effect, the MPU will be able to flexibly issue Class A common stock, preferred stock, bonds, warrants or combinations of them totaling no more than US$2 billion to systematically accumulate governance tokens for leading stablecoins.