Mega Matrix (MPU) announced that it will focus on stablecoin governance token treasury reserve with Ethena’s governance token, as the primary strategic reserve asset under its digital asset treasury, or DAT, strategy. This initiative aims to actively participate in the governance of the leading stablecoin ecosystem through strategic holdings of stablecoin governance tokens, with the objective of positioning the Company at the forefront of stablecoins innovation. Ethena is a digital dollar protocol built on Ethereum and Ethena Foundation is the issuer of USDe, which, as of the date hereof, is the third largest stablecoin asset by circulating supply, following only Tether and Circle. ENA token is the governance token of Ethena, used for decentralized protocol governance and incentives
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