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Tether-backed Twenty One, Strike merger plan scrapped: Bloomberg

Cointelegraph·July 21, 2026·1 min read
Tether-backed Twenty One, Strike merger plan scrapped: Bloomberg

The proposed three-way merger between Strike, Twenty One Capital, and Elektron has been scrapped, Bloomberg reported. Strike will remain a standalone company, while Twenty One Capital and Elektron continue further discussions. The deal, backed by Tether, will not move forward in its original form.

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