US Stock Exchange-listed company Mega Matrix has announced the establishment of a stablecoin governance token treasury reserve centered around the ENA token.

BlockBeats News, August 25th, according to prnewswire report, Mega Matrix Inc., a New York Stock Exchange-listed company (NYSE code: MPU), announced today that it has established a Treasury Reserve strategy for a stablecoin governance token (DAT) and has selected $ENA, the governance token of Ethena, the issuer of the third-largest stablecoin USDe, as the core strategic reserve asset. This initiative aims to strategically hold leading stablecoin governance tokens to actively participate in the governance of the stablecoin ecosystem, with the goal of propelling the company to the forefront of stablecoin innovation.