StablecoinX Names Jensen as CEO, Succeeding Chen
By Connor HartStablecoinX named Christopher Jensen as its top executive, succeeding Ted Chen.Chen has served as StablecoinX's chief executive since the company began trading publicly in June. He will continue to serve as chairman of StablecoinX's board, focusing on the company's long-term vision and strategy, capital markets positioning, and partnership with Ethena.StablecoinX said Tuesday that Jensen will assume day-to-day leadership responsibilities across the company's three business lines: infrastructure services, infrastructure software and distribution services.Jensen will also oversee StablecoinX's treasury strategy, which is anchored by approximately 3.03 billion ENA tokens. The company said its holding represents roughly 20% of Ethena's total supply, making StablecoinX the largest corporate holder of Ethena's governance token.Jensen, who will also join the company's board, has more than two decades of institutional investment experience, public markets fluency, and deep digital asset expertise to the role, StablecoinX said.He joins StablecoinX from Franklin Templeton, where he was a senior vice president and served as portfolio manager and director of digital asset research.Write to Connor Hart at [email protected]