Mega Matrix Launches Strategic Expansion Into Stablecoins With $16M Raise Through Private Placement

Amid increasingly clear global regulatory frameworks for stablecoins, the asset class is moving beyond its experimental phase and entering a period of institutionalized growth. Mega Matrix Corp. (NYSE:MPU) recently announced the completion of a $16 million private placement and officially launched its strategic expansion into the stablecoin sector. This marks a critical step in the Company's transformation into a structured participant in the evolving global digital financial infrastructure.

The private placement attracted a number of crypto-focused funds and industry professionals, reflecting strong market recognition of and confidence in Mega Matrix's strategic direction. According to the Company, the proceeds will be primarily used to build a stablecoin asset allocation system and on-chain yield mechanisms, with a focus on developing "corporate treasury strategies" leveraging stablecoins and governance tokens.

In fact, the corporate treasury strategy is becoming a key asset allocation method among technology and crypto companies. One group, represented by MicroStrategy (NASDAQ:MSTR), has adopted Bitcoin as its core reserve asset, maintaining long-term holdings and actively increasing exposure—a strategy mirrored by companies like Marathon Digital (NASDAQ:MARA). Another group is turning to Ethereum as a treasury asset, with notable examples including SharpLink Gaming (NASDAQ:SBET) and Bit Digital (NASDAQ:BTBT). These companies leverage Ethereum's composability and ecosystem synergies to construct new liquidity infrastructure.

Compared with other digital assets, stablecoins offer low volatility, on-chain yield potential, and stronger regulatory compatibility—making them rapidly emerge as the next generation of "treasury assets." Their global liquidity and auditability make them well-suited for diverse capital management scenarios and increasingly attractive to institutional participants.