Mega Matrix Partners with Ihsan Dhahab to Develop an Islamic Precious Metals Real-World Asset Ecosystem
Under the MOU, the parties agreed to collaborate on a range of projects, including:
- To develop an integrated precious metals special economic zone located in the
Middle East , primarily inSaudi Arabia ,Qatar or other locations, dedicated to the entire precious metals value chain, including refining, storage, trading, and manufacturing; - To design, structure, develop, and launch a leading Shariah-compliant, Real-World Asset (RWA) gold-backed token and stablecoin;
- To establish and operate a leading Shariah-compliant digital exchange for the trading of precious metals, bullion, and other RWA-based financial instruments;
- To create a leading Islamic digital bullion bank, providing Shariah-compliant financing, vaulting, logistics, and other banking services for the precious metals ecosystem; and
- To collaboratively identify, assess, and develop other innovative fintech projects that align with the strategic objectives of the parties.
As part of the collaboration, MPU will draw on its technical experience in stablecoins and Web3 to provide advisory support for capital raising and financing, including equity investments, debt arrangements and other compliant financial instruments. MPU will also provide expertise in corporate structuring, financial modelling, capital markets strategy and international governance standards, and will contribute its technology, intellectual property and global blockchain and digital asset network to support project implementation and scalable development.
Ihsan Dhahab will act as the founders Group and promoter, leveraging their local presence and market knowledge in
About Mega Matrix Inc.:
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. All statements in this press release other than statements that are purely historical are forward looking statements. When used in this press release, the words "estimates," "projected," "expects," "anticipates," "forecasts," "plans," "intends," "believes," "seeks," "may," "will," "should," "future," "propose," and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees for future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company's control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, are the: ability to manage growth; ability to identify and integrate future acquisitions; ability to grow and expand our FlexTV business; ability to purchase stablecoin governance tokens, Bitcoin or Ethereum at the price that we want; ability to reinitiate the ETH staking business, ability to implement the strategic expansion into the stablecoin sector, ability to implement the new business strategy with a focus on stablecoin governance token and ability to create value; the regulatory volatility on stablecoins and governance tokens; ability to obtain additional financing in the future to fund capital expenditures and our digital asset treasury ("DAT") reserve strategy and ability to create value; fluctuations in general economic and business conditions; costs or other factors adversely affecting the Company's profitability; litigation involving patents, intellectual property, and other matters; potential changes in the legislative and regulatory environment; a pandemic or epidemic; the possibility that the Company may not succeed in developing its new lines of businesses due to, among other things, changes in the business environment, competition, changes in regulation, or other economic and policy factors; and the possibility that the Company's new lines of business may be adversely affected by other economic, business, and/or competitive factors. The forward-looking statements in this press release and the Company's future results of operations are subject to additional risks and uncertainties set forth under the heading "Risk Factors" in documents filed by the Company with the Securities and Exchange Commission ("
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