Mega Matrix Inc. Revitalizes Ethereum Staking, Welcomes New Executive Director

Mega Matrix Inc. Revitalizes Ethereum Staking and Leadership

In a significant move, Mega Matrix Inc. (NYSE American: MPU) has announced the reinstatement of its Ethereum staking business as part of a comprehensive strategy focusing on Web3. This initiative comes alongside the recent appointment of Mr. Yaman Demir as the Company’s Executive Director, aimed at leveraging his extensive experience in digital assets. This dual approach is designed to enhance the Company’s market presence and capitalize on the growing interest in cryptocurrency investments.

As reported on July 2, 2025, the Board of Directors has approved the purchase of Bitcoin and Ethereum as part of a treasury reserve strategy. Following a period of regulatory uncertainty that led to the suspension of its Ethereum staking operations in 2024, the Company is now looking to renew its initiatives after receiving clarity on regulatory frameworks. Previously, in 2022, Mega Matrix launched its Ethereum staking service, which it had to halt due to conflicting regulations. The reinstatement allows the Company to utilize its developed expertise and operational knowledge to earn staking rewards, which can be reinvested into Ethereum or used for corporate purposes, ultimately aimed at increasing long-term shareholder value.

The updated strategy includes conducting solo staking exclusively through certified, institutional-grade third-party providers such as Coinbase. Security remains a priority as all Ethereum assets will be safeguarded with established custodians like Coinbase Custodian and Cactus Wallet. As part of this renewed initiative, the Company has already acquired 40 ETH, valued at $2,462 each, signaling a firm commitment to robust treasury management.

These strategic steps highlight Mega Matrix Inc.'s commitment to fortifying its financial foundation while also making wise strides into adjacent sectors. Such moves are expected to further position the Company to adjust and thrive in the evolution of the digital asset landscape, providing a path toward consistent long-term shareholder returns.

In conjunction with the announcement surrounding the staking initiative, the Company revealed its decision to appoint Mr. Yaman Demir as Executive Director on June 27, 2025. Demir holds a strong track record as a digital asset investor, with successful exits from over 20 cryptocurrency projects. His investment experience spans key sectors such as decentralized finance (DeFi), non-fungible token (NFT) infrastructure, Layer 1 networks, and stable coins. His leadership is anticipated to guide the Company as it maneuvers through the complexities of the crypto market and innovates new strategies for growth.

Mega Matrix Inc. operates FlexTV, a dynamic short-video streaming platform, through its wholly-owned subsidiary Yuder Pte, Ltd. Headquartered in Singapore, the Company is positioned strategically within the burgeoning technology landscape. For further details, interested parties can contact the Company or visit its official website, www.megamatrix.io.

As part of this announcement, the Company included a forward-looking statement, cautioning stakeholders about the inherent risks associated with cryptocurrency investments, including volatility and regulatory changes. Mega Matrix Inc. is vigilant in monitoring these aspects to ensure it continues to align its corporate strategy with potential market developments.

In closing, these initiatives mark a new chapter for Mega Matrix Inc., as it not only revitalizes its Ethereum staking operations but also strengthens leadership at the executive level, paving the way for a promising future in digital assets.