Macro Finance
Jack Mallers Steps Down as Twenty One Capital CEO as Tether Merger Unravels
Unchained·July 21, 2026·1 min read
Jack Mallers, founder of Strike, has stepped down as CEO of Twenty One Capital, a Tether-controlled treasury company, following a board disagreement. The move comes as a proposed three-way merger involving Strike, Twenty One Capital, and Elektron Energy collapses, marking a significant unraveling of the deal.
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