Mega Matrix Inc. Launches ENA Token Reserve: Revolutionizing Stablecoin Governance

Mega Matrix Inc., a publicly-listed firm, has launched a groundbreaking stablecoin governance strategy centered around the ENA token in Singapore. This new initiative marks a significant shift in institutional approaches to digital asset management and governance dynamics within the cryptocurrency market. They have established an Ethena Foundation (ENA) token-based treasury reserve, aiming to influence the USDe stablecoin ecosystem significantly. ENA will become the primary reserve under their Digital Asset Treasury (DAT) strategy.