Jack Mallers Steps Down as CEO of Twenty One Capital, Raphael Zagury Takes Over

Rickler Feed (@rickler_feed), Jul 21, 2026, 15:30 UTC

Jack Mallers Steps Down as CEO of Twenty One Capital, Raphael Zagury Takes Over Jack Mallers has stepped down as CEO of Twenty One Capital (NYSE: XXI), effective immediately, to focus full-time on Strike, the Bitcoin payments company he founded. Board member Raphael Zagury, CEO of Elektron Energy, has been named as his successor. The leadership change comes alongside the collapse of a proposed three-way merger between Twenty One Capital, Strike, and Elektron Energy, first floated by Tether in April. Strike will remain an independent company, while a potential two-way combination between Twen…

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