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      StablecoinX Appoints Christopher Jensen as CEO and Board Member

      StablecoinX Inc., a Nasdaq-listed company focused on the digital asset sector, has appointed Christopher Jensen as its new Chief Executive Officer and board member. Jensen takes over from Ted Chen, who will transition to the role of Chairman to concentrate on strategic oversight and capital markets after guiding the company through its SPAC merger and public listing earlier this year.

      Jensen brings over two decades of experience in institutional investment, most recently serving as Senior Vice President and Director of Digital Asset Research at Franklin Templeton. He played a key role in establishing the firm's digital asset group in 2018, positioning him as a significant figure at the intersection of traditional finance and cryptocurrency.

      StablecoinX operates primarily as an infrastructure and distribution partner for the Ethena ecosystem, managing approximately 3.03 billion ENA tokens, which constitutes about 20% of the total supply. Jensen's responsibilities will include overseeing the treasury strategy associated with these holdings, which are critical to the company's operations and market positioning.

      The company went public in June 2026, raising around $890 million through a PIPE financing arrangement. Following its listing, StablecoinX launched StablecoinX Harness, a middleware technology aimed at connecting institutional users with Ethena's infrastructure. Jensen's leadership will be pivotal in navigating the company's future, particularly in terms of treasury management and the adoption of its new technology.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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