StablecoinX Inc. announced that Edward Chen resigned as Chief Executive Officer effective September 8, 2026, while retaining his role as Chairman of the Board. The company appointed Christopher Jensen as the new CEO and a member of the Board, also appointing him to the Investment Committee. Jensen’s employment agreement includes an annualized base salary of $450,000, a target bonus of 150% of base salary, and restricted stock units. Additionally, Young Cho was appointed Chief Financial Officer with a base salary of $300,000 and a target bonus of 100% of base salary. Jensen brings over two decades of institutional investment experience, previously serving as Senior Vice President at Franklin Templeton. StablecoinX Inc. operates in the digital asset industry, providing investors exposure to the Ethena stablecoin ecosystem through infrastructure services, software, and distribution.

StablecoinX Inc. reported financial results for the second quarter of fiscal year 2026, ending June 30, 2026. The company completed its business combination with TLGY Acquisition Corporation on June 25, 2026, resulting in a net loss of $34.2 million and total assets of $232.6 million. The firm holds an ENA token treasury valued at approximately $218.4 million, representing roughly $9.09 per share based on 24,029,375 outstanding shares. Revenue from Infrastructure Services reached $62,372 in the final two weeks of June. StablecoinX operates in the digital asset and stablecoin infrastructure industry.