The merger of three companies under Tether has failed, and the former CEO of Twenty One Capital has stepped down

2026-07-21 20:04:52

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According to Bloomberg, the merger plans of Tether's Twenty One Capital, Strike, and Elektron Energy have been terminated. Jack Mallers, the CEO of Twenty One Capital and Strike, has stepped down from the position of CEO of Twenty One Capital, and Elektron CEO Raphael Zagury has taken over.

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