The proposed three-way merger between Twenty One Capital, Mallers' Strike, and Elektron Energy has been abandoned. Tether-controlled Twenty One Capital (XXI) appointed Raphael Zagury as the new CEO, replacing Jack Mallers who is returning to focus on bitcoin financial services company Strike. The proposed three-way merger between Twenty One Capital, Strike, and Elektron Energy has been abandoned, with Strike no longer participating. Twenty One Capital is now weighing a potential two-way co…
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