Mega Matrix Inc. has filed for a $2 billion universal shelf registration, marking a significant step in its strategy to expand its crypto assets.
Mega Matrix's Strategy in the Crypto Space
Mega Matrix Inc. (NYSE: MPU) has filed a $2 billion universal shelf registration statement using Form F-3 with the U.S. Securities and Exchange Commission (SEC). This filing signals the company's intent to expand its digital asset strategy.
DAT Token as a Governance Tool
The DAT (Decentralized Autonomous Treasury) token will play a central role in Mega Matrix's digital asset ecosystem. It is designed to serve as a governance token that allows holders to participate in managing the company's crypto treasury, focusing on acquiring and holding a portfolio of stablecoins and other key digital assets, starting with Ethena's ENA token.
Funding a New Digital Era
With the $2 billion shelf registration in place, Mega Matrix has the ability to issue various types of securities, including common stock, preferred stock, debt securities, and warrants. This funding structure aims to support the development of the DAT token ecosystem and associated treasury strategies.
This move highlights the growing institutional interest in decentralized finance and token-based governance models, aiming to create a transparent and community-driven digital asset portfolio.
