Franklin Templeton Exec Takes Helm at StablecoinX Amid Ethena Ecosystem Growth

StablecoinX has named Christopher Jensen as its new CEO, replacing Ted Chen who will remain chairman of the board. Jensen previously served as a portfolio manager and director of digital asset research at Franklin Templeton.

Jensen's background in mainstream asset management and early institutional research into blockchain markets is expected to influence StablecoinX's governance posture and engagement with Ethena's evolving roadmap.

The company holds approximately 3.03 billion ENA tokens, representing about 20% of the token's total supply. Jensen will oversee this large position as he takes day-to-day executive control at StablecoinX.