NEW YORK, July 25, 2025 /PRNewswire/ -- 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'

SINGAPORE, July 25, 2025 /PRNewswire/ -- Mega Matrix Inc. ("MPU" or the "Company") (NYSE:MPU), today announced the completion of a private placement of US$16 million, the proceeds of which provide a solid capital foundation for its proposed strategic expansion to Stablecoin sector. The investors in the private placement primarily consist of crypto funds and industry professionals, demonstrating a strong market recognition and confidence in the Company's strategic expansion. Amid increasingly clear regulatory frameworks for stablecoins, we believe that this sector is entering i

SINGAPORE, July 2, 2025 /PRNewswire/ -- Mega Matrix Inc. (NYSE:MPU) today announced two strategic initiatives: the reinstatement of its Ethereum staking business as part of a broader Web3–focused strategy, and the appointment of Mr. Yaman Demir as Executive Director to leverage his expertise in digital assets. Business Strategy UpdateAs previously disclosed, the Board of Directors approved the purchase of Bitcoin and/or Ethereum to hold as treasury reserve assets. In light of recent regulatory clarity, the Board decided to restart of its Ethereum ("ETH") staking business. The

SINGAPORE, June 25, 2025 /PRNewswire/ -- Mega Matrix Inc. ("MPU" or the "Company") (NYSE:MPU), today announced the purchase of 12 Bitcoins as part of its treasury strategy at an average price of approximately $105,554 per Bitcoin, inclusive of fees and expenses since the end of May.  Yucheng Hu, Chief Executive Officer of MPU, commented, "Our acquisition of Bitcoins is an execution of our strategic decision to adopt BTC as a treasury reserve asset, reinforcing our commitment to diversification and value creation." About Mega Matrix Inc.: Mega Matrix Inc. (NYSE:MPU) is a holdin

NEW YORK, June 9, 2025 /PRNewswire/ -- Mega Matrix Inc. (NYSE:MPU) today announced the formation of AIFLIX LLC ("AIFLIX"), a joint venture established in collaboration with Wardour Studios Inc. ("Wardour Studios"), a leading Hollywood production and digital-effects studio specializing in next-generation content creation, for AI-generated short drama production. Using proprietary AI tools, created by Wardour Studios, the partnership aims to drive the seamless integration of artificial intelligence (AI) into short-form narrative production, co-developing AI-generated short drama series for global audiences.

SINGAPORE, May 30, 2025 /PRNewswire/ -- Mega Matrix Inc. ("MPU" or the "Company") (NYSE:MPU), today announced that the Company's Board of Directors approved the purchase of Bitcoin and/or Ethereum to hold as a treasury reserve asset. Yucheng Hu, Chief Executive Officer of MPU, commented, "Bitcoin and Ethereum represent next-generation treasury assets that enhance our financial strategy. While remaining focused on our core short drama streaming business, we believe this move strengthens our long-term balance sheet positioning." About Mega Matrix Inc.: Mega Matrix Inc. (NYSE:MPU

SINGAPORE, May 28, 2025 /PRNewswire/ -- Mega Matrix Inc. (NYSE:MPU) launched seven English mini-series on its short drama platform FlexTV between May 19 and May 23, 2025, each illuminating life's myriad vicissitudes. Through tales of emotional entanglement, familial upheaval, social barriers, and fateful turning points, audiences witnessed love's sweetness and sorrow, betrayal's pain and enlightenment, and the fervor and hope of triumph against the odds. Desire Maze Forced to Love the Ruthless CEO (May 19)Mega Matrix Inc.'s FlexTV introduced "Forced to Love the Ruthless CEO," in which college student Nina enters a forbidden pact with CEO Ian to fund her mother's surgery, only to reunite wit

SINGAPORE, May 22, 2025 /PRNewswire/ -- From May 12 to 16, 2025, Mega Matrix Inc. (NYSE:MPU), through its global short drama platform FlexTV, premiered eight new English-language titles. The lineup spanned supernatural ethics, elite romance, and time-travel narratives. From werewolf bloodlines to love across social divides, these short dramas offered fresh reflections on identity, survival, and emotional resilience in contemporary life. Romantic Fates May 12 – My Baby, the BeastVivian, a single mother, discovered that her son had inherited werewolf genes—and that the father was none other than the mysterious man she had met five years earlier. As the truth resurfaced, she faced a choice bet

SINGAPORE, May 14, 2025 /PRNewswire/ -- From May 5 to 10, FlexTV, the global short drama platform under Mega Matrix Inc. (NYSE:MPU), released seven English-language short drama series. These titles center on urban relationships, struggles against fate, and the complexities of human redemption, exploring themes such as contract marriages, family ethics, and rebirth awakenings. Here's a closer look at the lineup: Urban Emotion Series: Between Contracts and True Feelings Kiss Clause: Non-Negotiable (May 5):Sisters from an orphanage pose as a rich man's idealized love interest in

SINGAPORE, April 29, 2025 /PRNewswire/ -- From April 21 to April 27, 2025, Mega Matrix Inc. (NYSE:MPU) proudly presented eight English series on its global short drama platform, FlexTV. Each production offers a unique perspective on the universal struggles of contemporary life — from workplace trust issues to the delicate balance between love, ambition, and family, exploring the depths of human desires and conflicts. 404: Simp Not FoundOn the verge of bankruptcy, company owner Ethan stumbles upon a mysterious system that promises tenfold returns for treating employees well. Di

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SINGAPORE, July 2, 2025 /PRNewswire/ -- Mega Matrix Inc. (NYSE:MPU) today announced two strategic initiatives: the reinstatement of its Ethereum staking business as part of a broader Web3–focused strategy, and the appointment of Mr. Yaman Demir as Executive Director to leverage his expertise in digital assets. Business Strategy UpdateAs previously disclosed, the Board of Directors approved the purchase of Bitcoin and/or Ethereum to hold as treasury reserve assets. In light of recent regulatory clarity, the Board decided to restart of its Ethereum ("ETH") staking business. The

SINGAPORE, Dec. 20, 2024 /PRNewswire/ -- Mega Matrix Inc. (NYSE American: MPU or "Company") today announced the results of its 2024 Annual General Meeting, which was held virtually on December 20, 2024 10:00 a.m. PT. At the 2024 Annual General Meeting, the Company's shareholders: (1) approved a proposal, as an ordinary resolution, to elect four (4) persons to the board of directors of the Company, each to serve until the next annual general meeting of shareholders of the Company or until such person shall resign, be removed or otherwise leave office; (2) approved a proposal, a

PALO ALTO, Calif., March 22, 2024 (GLOBE NEWSWIRE) -- Mega Matrix Corp. (NYSE:MPU) (the "Company" or "MPU") is delighted to formally welcome Mr. Songtao Jia, the seasoned professional with extensive experience, to our team. Mr. Songtao Jia will be taking on the role of Chief Strategy Officer for MPU. Mr. Jia has an impressive background in technology and management, having previously served as the Executive Vice President of Lucent Technologies China and as the General Manager of Petro Titan Hong Kong. He graduated from Tsinghua University and holds an MBA from McGill University in Canada, as well as an EMBA degree from Cheung Kong Graduate School of Business. Yucheng Hu, CEO of Mega Mat

PALO ALTO, Calif., Jan. 19, 2024 (GLOBE NEWSWIRE) -- Mega Matrix Corp. ("MPU" or the "Company") (NYSE:MPU), today announced that Mr. Xiangchen (Steven) Gao has been appointed as the Company's Chief Operating Officer. Mr. Gao will lead the development of the Company's new short drama business and will report directly to the Company's CEO, Mr. Yucheng Hu. Prior to joining the Company, Mr. Gao served as the Co-founder and Chief Operating Officer of Digital Element Co., Ltd. Before this, he held the position of Senior Investment Manager at Fengshion Capital. Between 2019 and 2021, Mr. Gao was the Senior Strategic Manager at ByteDance. From 2016 to 2019, he worked as a Senior Investment Manag

PALO ALTO, Calif., Feb. 16, 2023 (GLOBE NEWSWIRE) -- Mega Matrix Corp. ("MPU" or the "Company") (NYSE:MPU), today announced that its Singapore subsidiary, Saving Digital Pte. Ltd. ("Saving"), appointed Ms. Doris Wang as Chief Marketing Officer. Doris Wang joined Mega Matrix in February 2023. Prior to joining the Company, Ms. Wang served as CFO for a Web3.0 incubation company in Dubai between December 2022 to January 2023, and was an investor manager at E-life Holding located in Hong Kong and Beijing from 2019 to 2021. Ms. Wang also served as a VIP client manager at Prestige Financial Holding based in Hong Kong and Beijing between 2018 to 2019. Between 2014 to 2017, Ms. Wang set up her own

SINGAPORE, April 16, 2025 /PRNewswire/ -- Last week (April 7–11, 2025), FlexTV, the short drama streaming platform under Mega Matrix Inc. (NYSE:MPU), unveiled six compelling new English series. Spanning genres from urban fantasy and emotional entanglements to female empowerment and cyclical fate, each production offers a unique lens on the resilience and complexity of the human spirit. These stories, ranging from rags-to-riches tales to timeless love that transcends eras, form a rich tapestry of courage, love, and self-discovery.    Highlights of Short Dramas 1. Karma's Landlord (April 8)After being betrayed by his wife and a privileged heir, security guard Aidan

PALO ALTO, Calif., Aug. 16, 2024 /PRNewswire/ -- Mega Matrix Corp. ("MPU" or the "Company") (NYSE:MPU), today announced that it has completed the acquisition of the remaining 40% of FunVerse Holding Limited ("FunVerse"), a company incorporated under the laws of the British Virgin Islands and the sole parent company of Yuder Pte, Ltd. ("Yuder"). The Company initially acquired 60% of FunVerse's capital stock on January 7, 2024, and has now acquired the remaining 40%, bringing its ownership to 100%. The acquisition was completed through a definitive Share Exchange Agreement, under which the Company acquired the remaining 40% of voting capital stock of FunVerse, in exchange for 1,500,000 shares

PALO ALTO, Calif., May 24, 2024 /PRNewswire/ -- Mega Matrix Corp. ("MPU" or the "Company") (NYSE:MPU), today announced that Yuder PTE, LTD, the Company's indirect majority-controlled subsidiary and operator of FlexTV, has formed a strategic cooperation with Foxmedia Co., Ltd., 100% controlled subsidiary of Neorigin Co.(KOSDAQ: 094860) and the operator of TopReels, the leading short drama platform in South Korea. The Company and Neorigin Co. will jointly establish a $10 million content fund aimed at promoting joint investments, production, and distribution of original short drama projects. MPU COO Steven Gao, FlexTV CEO Zhenjun Cao, NEORIGIN CFO Jimmy Liu, and TopReels head Ryan Jeong attende

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