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Mega Matrix Allocates $2B for Ethena Stablecoin Governance
CryptocurrencyCrypto InvestmentUpdated 14 hours ago

Mega Matrix Allocates $2B for Ethena Stablecoin Governance

Mega Matrix has committed $2 billion to invest in Ethena's digital dollar, USDe, and to establish a governance treasury for the Ethena stablecoin. This move reflects the increasing trend of companies investing in cryptocurrencies, particularly focusing on the ENA token to generate yield.

Related Articles
Mega Matrix Files $2B Shelf to Fund Crypto Treasury Bet on Ethena
PositiveCryptocurrency
Mega Matrix has set aside $2 billion to invest in Ethena's digital dollar, USDe, capitalizing on the growing trend of companies accumulating cryptocurrencies.
Editor’s Note: This move highlights the increasing interest in cryptocurrencies among major firms, signaling a shift in how traditional finance views digital assets. It could pave the way for more companies to explore similar investments.
Mega Matrix files $2B shelf to build Ethena stablecoin governance treasury
PositiveCryptocurrency
Mega Matrix has allocated $2 billion to establish a governance treasury for the Ethena stablecoin, focusing on the ENA token to generate yield from the synthetic stablecoin USDe.

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