Muneeb Ali to Lead Stacks Labs as Bitcoin Staking Enters Growth Phase

Muneeb Ali, the founder of Stacks (STX), will take over as CEO of Stacks Labs on October 15, 2026. This move comes as Bitcoin staking enters its growth phase, with institutional partners such as 21shares and HashKey Cloud already on board.

Recent business development has brought several key players into the Stacks ecosystem, including UTXO Management, Anchorage, and Fireblocks. The goal is to accelerate adoption and bring Bitcoin staking to institutions and everyday holders at scale.

Ali has been working with institutional partners and sophisticated investors, setting out a vision for Bitcoin capital markets and a future where idle Bitcoin becomes productive capital. He will focus on scaling adoption, from regional markets to the largest institutions in the world, while continuing to support key partnerships.