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Mega Matrix Unleashes $2B War Chest to Dominate Crypto Treasury Strategy with Ethena Bet

Mega Matrix Unleashes $2B War Chest to Dominate Crypto Treasury Strategy with Ethena Bet

Author:
Coindesk
Published:
2025-09-04 18:54:50
20
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Mega Matrix Files $2B Shelf to Fund Crypto Treasury Bet on Ethena

Mega Matrix just dropped a bombshell—filing a massive $2 billion shelf registration to turbocharge its crypto treasury operations.

The Ethena Gambit

They're going all-in on Ethena's synthetic dollar protocol, positioning themselves at the bleeding edge of yield-generating crypto strategies. This isn't just a dip-toe approach—it's a full-scale allocation move that signals institutional confidence in DeFi's evolving infrastructure.

Treasury Transformation

Forget traditional bonds and money markets. Mega Matrix is rewriting the corporate treasury playbook by deploying serious capital into crypto-native yield opportunities. They're bypassing conventional asset managers entirely—cutting out the middlemen to capture alpha directly from protocol revenues.

Because nothing says 'financial innovation' like betting billions on internet money that didn't exist five years ago—while traditional finance still struggles with Excel spreadsheets.

|Square

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