StablecoinX, a Nasdaq-listed digital asset company, has appointed Christopher Jensen as CEO. Jensen, former senior vice president and director of digital asset research at Franklin Templeton, replaces Ted Chen, who becomes chairman. The company holds approximately 3.03 billion ENA tokens, representing roughly 20% of total supply, making it the largest institutional holder of Ethena’s governance token. StablecoinX went public via SPAC in June 2026, raising approximately $890 million.
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