Mega Matrix submits $2 billion registration statement to promote stablecoin governance token strategy
Source: Odaily
Time: 2025-09-04 20:55:16
Odaily Planet Daily News Mega Matrix, a New York U.S. Stock Exchange listed company, announced a $2 billion general shelf registration statement to the Securities and Exchange Commission (SEC) 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 that Ethena’s governance token $ENA, the top target of its DAT strategy, will be flexible to issue Class A common stocks, preferred stocks, bonds, warrants or combinations of them totaling no more than $2 billion, once the registration statement is in effect to systematically accumulate governance tokens for leading stablecoins. PRNewswire)