This is a picture that a customer shared with me of their setup.
I asked them what they thought. Here is their response:

"It's hugging great !
Until now I only had a portable solution.
Fiio M15 >(coax)> Chord Hugo2 > Cayin C9II > Tungsten.
works well but Valencia give Tungsten more.
I also tried it with Susvara and Utopia OG.
Noise at it's lowest, music at it's maximum ! ;)"