Jack Mallers leaves Twenty One as Strike exits Tether’s three-way bitcoin merger
AI Summary
Jack Mallers has stepped down as CEO of Twenty One Capital, with Raphael Zagury stepping in as the new leader. This shift comes as Strike, a payment startup co-founded by Mallers, exits a significant Tether-backed three-way bitcoin merger. The departure of Strike indicates a major realignment in the crypto landscape, especially considering Tether's influence in the industry. This change could reshape how major players interact with each other and the overall direction of the bitcoin ecosystem.
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