TechFlow news, September 4 — Mega Matrix Inc. (NYSE American: MPU), a publicly traded company on the New York Stock Exchange, today announced the filing of a universal shelf registration statement (Form F-3) with the U.S. Securities and Exchange Commission (SEC) for up to $2 billion, supporting its stablecoin governance token DAT strategy, aiming to become the world's largest stablecoin governance token company.
This move follows the company's announcement last week naming Ethena's governance token $ENA as the primary target of its DAT strategy. Once the registration statement becomes effective, MPU will have the flexibility to issue up to $2 billion in aggregate of Class A ordinary shares, preferred shares, debt securities, warrants, or any combination thereof, to systematically accumulate leading stablecoin governance tokens.
