EverValueCoin Launches Order Book, Boosting Security and Value

EVA's Order Book is live, offering increased security and value by depositing proceeds into the Burn Vault, zero initial fees, fixed prices with no slippage, smart arbitrage opportunities, and simplicity and decentralization. The launch includes 10,000 EVA token orders, one at a time, at the same price as the external market, until reaching approximately 100,000 tokens.

NYSE-listed Mega Matrix (MPU) has filed a $2 billion shelf registration to establish a digital asset treasury focused on Ethena's governance token, ENA. This move aims to position the company as the first publicly traded entity to anchor its digital asset treasury in stablecoin governance [1].

The announcement led to a 6% decline in Mega Matrix's shares, which subsequently recovered but remain down nearly 30% since the firm revealed its crypto pivot on August 25 [1]. This filing indicates the company's intent to sell up to $2 billion of securities, with proceeds intended for accumulating crypto assets [1].

Mega Matrix's digital asset treasury strategy mirrors a broader trend seen in the stock market this year, with listed firms pivoting to amass cryptocurrencies by raising funds on traditional capital markets [1]. The company's focus on Ethena's ENA token, which is the governance token of the stablecoin protocol behind the $12 billion USDe "digital dollar," is a notable development in the crypto space [1].

The trend of digital asset treasury firms (DATs) has seen significant volatility, with several names experiencing substantial declines in recent months. Some companies have even traded below the net asset value of their holdings, indicating potential market fatigue [1].

Meanwhile, other developments in the cryptocurrency sector include Linea's launch of the Ignition program, which distributes 1 billion LINEA tokens to boost liquidity across major DeFi protocols. This program uses Brevis ZK Proofs to ensure transparency and prevent manipulation, offering a sustainable and verifiable incentive model [2].

In a separate development, the Trump family's cryptocurrency project, World Liberty Financial, is in the process of signing a pending agreement to burn 47 million WLFI tokens through a multi-signature procedure [3].

References:
[1] https://www.coindesk.com/business/2025/09/04/mega-matrix-files-usd2b-shelf-to-fund-crypto-treasury-bet-on-ethena
[2] https://api.news.bitcoin.com/wp-json/bcn/v1/post?slug=linea-launches-1-billion-token-incentive-program
[3] https://www.lookonchain.com/feeds/27415