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Twenty One Capital appoints Raphael Zagury as new CEO, Jack Mallers to step down

2026-07-21 11:07
Odaily Planet Daily News: Stablecoin issuer Tether International announced that the board of directors of Twenty One Capital has appointed Raphael Zagury as the new CEO of Twenty One Capital. Zagury currently serves as CEO of the team managing Elektron Energy and is a member of the board of directors of Twenty One Capital.

Current CEO Jack Mallers will step down to focus full-time on Strike. Both parties are progressing with an orderly handover of duties to ensure continuity during the leadership transition.

Twenty One Capital and Strike have determined that Strike is better suited to operate as an independent business, and the two parties are no longer considering a merger. Twenty One Capital stated that it will disclose more information about its future strategy and direction in the coming months.