A company called Mega Matrix Inc. that is listed on the New York Stock Exchange. On Wednesday, it was announced that the company has expanded its $2 billion Digital Asset Treasury (DAT) to include more types of stablecoins and governance tokens. This makes it one of the first U. S-listed companies to follow a plan that uses different stablecoins while meeting SEC rules.
In a press release sent to Nanofes, the company mentioned that it was focused on Ethena’s governance token, ENA. In the updated plan, it will also keep USDe, USDtb, and ENA from the Ethena system; USDH and HYPE from Hyperliquid; USDF and ASTER from Aster; and USDS and SKY from Sky Protocol.
“Two-Engine” Structure
The new treasury model is called a “dual-engine” approach. Some of the investments will be in stablecoins and used in safe activities in decentralized finance (DeFi), like staking and holding for rewards on platforms like Pendle. This part is meant to give a regular income, even when the market is unstable.
The second part is about governance tokens from the same systems. These investments allow Mega Matrix to take part in important decisions and benefit from the growth in value as the platforms develop.
Wider Background of Stablecoins
Colin Butler, the executive vice president and global head of markets at Mega Matrix, said that stablecoins are now a recognized type of investment, and he mentioned the U. S The Treasury thinks the market could grow to $2 trillion by 2028.
Butler said the company is changing its approach to money management by not relying on just one type of digital token. Instead, they are looking to be involved with many different digital assets.
Stablecoins, which are usually tied to regular money like the dollar, are becoming more popular with companies because they are easy to use and less volatile compared to other cryptocurrencies. Including governance tokens brings some extra risks related to specific areas, but they also offer the chance for potential rewards.
Companies are moving more towards using digital assets
Mega Matrix used to be a company involved in many different businesses, from Ethereum staking to making media. Now, it is changing its focus to work mainly on blockchain and digital asset strategies.
The company’s choice to add both stablecoins and governance tokens to its finances shows a bigger trend where businesses are trying out digital assets in a regulated way.
The company said that the expansion gives its shareholders a combination of regular income from stablecoin investments and the chance to earn more money in the long run by being involved in governance tokens.
Mega Matrix’s action shows that public companies are beginning to see stablecoins as more than just a way to have cash on hand.
It serves as a helpful tool and also as a basic part of managing money for businesses.

