Mega Matrix launches $2 billion shelf registration, betting on ENA

the NYSE-listed company Mega Matrix (MPU) has submitted a Form F-3 shelf registration to the U.S. SEC, with a scale of $2 billion. The company stated that after the registration becomes effective, it will issue stocks, bonds, warrants, etc., as needed to promote its DAT strategy, which focuses on systematically increasing its holdings of the Ethena governance token ENA in the secondary market to obtain governance rights, as well as potential profit distribution related to the USDe ecosystem; this registration has not yet become effective.