Mega Matrix to Expand $2B Digital Asset Treasury into Multi-Stablecoin Framework

NYSE-listed firm Mega Matrix ￰0￱ on Wednesday that it expanded its $2 billion Digital Asset Treasury (DAT) to include a wider set of stablecoins and governance tokens, making it one of the first U. S.-listed firms to adopt a multi-asset stablecoin framework under SEC-compliant ￰1￱ to Diversify DAT Strategy with Basket of Leading Stablecoins and Governance Tokens Mega Matrix Inc. (NYSE American: MPU) today announced a strategic update to its Digital Asset Treasury (“DAT”) ￰2￱ Company will transition from a single-asset approach focused on… ￰3￱ — Mega Matrix Inc. (NYSE American: MPU) (@MegaMatrixMPU) October 1, 2025 In a press release shared with Cryptonews, the company said it was previously concentrated on Ethena’s governance token ￰4￱ the revised strategy, it will also hold USDe, USDtb, and ENA from the Ethena ecosystem; USDH and HYPE from Hyperliquid; USDF and ASTER from Aster; and USDS and SKY from Sky Protocol.

“Dual-Engine” Structure The updated treasury model is described as a “dual-engine” ￰5￱ of the portfolio will be held in stablecoins and allocated to low-risk decentralized finance (DeFi) activities such as staking and yield locking on platforms, including ￰6￱ segment is intended to provide a steady income, even during periods of market ￰7￱ second part involves governance tokens from the same ￰8￱ holdings give Mega Matrix the ability to participate in protocol-level decision-making while also capturing potential value growth tied to the expansion of the ￰9￱ Stablecoin Market Context Colin Butler, executive vice president and global head of markets at Mega Matrix, said stablecoins have become an established asset class and noted the ￰10￱ projections that the market could reach $2 trillion by ￰11￱ said that the company’s treasury shift moves away from reliance on a single-token strategy toward broader exposure across several digital asset networks.

Stablecoins, typically pegged to fiat currencies, are increasingly viewed by corporations as liquid and relatively stable instruments within the broader crypto ￰12￱ inclusion of governance tokens, however, adds a layer of exposure to sector-specific risks and potential ￰13￱ Shift Toward Digital Assets Mega Matrix, once a diversified holding company with activities ranging from Ethereum staking to media production, has been refocusing its operations around blockchain and digital asset ￰14￱ decision to integrate a mix of stablecoins and governance tokens into its balance sheet reflects a wider corporate trend of experimenting with digital assets under regulated ￰15￱ company said the expansion provides its shareholders with a mix of steady revenue from stablecoin allocations and potential longer-term returns from governance token ￰16￱ Matrix’s move demonstrates how public companies are starting to view stablecoins not only as a liquidity tool but also as a foundational layer for corporate treasury management.