Stacks Founder Muneeb Ali Takes the Helm as Stacks Labs CEO with Bitcoin Staking Entering Its Growth Phase

New York, NY, October 1, 2026 — Stacks Labs today announced that Muneeb Ali, founder of Stacks (STX), will become CEO of Stacks Labs, the largest contributor to the Stacks network, effective October 15. He takes the role as Stacks shifts focus to accelerating adoption following the successful launch of Bitcoin staking.

Recent business development has brought institutional partners including 21shares, UTXO Management, HashKey Cloud, Anchorage, and Fireblocks into Stacks’ Bitcoin staking ecosystem. Stacks Labs will expand that work with new hires across business development, regional growth and brand. 

Stacks is the leading layer for productive Bitcoin capital, with over 4,200 yielded in BTC. The first institutional Bitcoin staking bond sold out at launch, with 21shares, HashKey Cloud, and UTXO Management filling their maximum allocations. 

The appointment formalizes a role Muneeb has increasingly taken on during the build phase of Bitcoin staking: working directly with institutional partners and sophisticated investors and leading key industry engagement. He remains the most recognizable voice for Stacks, setting out the vision for Bitcoin capital markets and a future where idle Bitcoin becomes productive capital.