Mega Matrix Invests $16 Million in Stablecoin Treasury Strategy

Mega Matrix Inc. is making a bold move by allocating $16 million towards a stablecoin-focused treasury initiative. The company’s shift away from traditional crypto holdings like Bitcoin and Ethereum (BTC/ETH) towards regulated, low-volatility stable assets could significantly reshape corporate finance in the digital asset sector. 💰 This initiative comes with a significant investment in Ethena’s ENA token, signaling their commitment to establishing stablecoin governance within their treasury structure. 🔒