StablecoinX Appoints Institutional Investment Veteran as New CEO

StablecoinX Inc., a Nasdaq-listed company focused on digital assets, has named Christopher Jensen as its new Chief Executive Officer and board member.

Jensen replaces Ted Chen, who is stepping into the Chairman seat to focus on strategic oversight and capital markets.

Jensen comes from a background in institutional investment, with over two decades of experience at Franklin Templeton, where he helped launch the company's digital asset group back in 2018.

He will oversee the day-to-day treasury strategy linked to StablecoinX's large holding of ENA tokens, approximately 3.03 billion, which represents roughly 20% of Ethena's total supply.