Bitcoin
Jack Mallers Quits Twenty One Capital as Tether's Bitcoin Merger Collapses
Decrypt·July 21, 2026·1 min read
Jack Mallers resigned as co-founder of Twenty One Capital, and Tether's plan to merge three Bitcoin firms collapsed. XXI stock fell nearly 18% following the news. The breakup of the deal marks a significant setback for the involved companies, with detailed reasons for the collapse not yet publicly disclosed.
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