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Jack Mallers, the founder of Strike, has been appointed as the CEO of 21 Capital, a subsidiary of Tether.
According to Gate.io News bot, The Block reported that Strike founder Jack Mallers has taken over as CEO of Tether Holdings’ Twenty One Capital (21 Capital). The company has received investment support from SoftBank Group and Cantor Fitzgerald, focusing on Bitcoin investment business.
21 Capital plans to go public through a SPAC merger, with the company initially holding $3.6 billion in Bitcoin reserves. Jack Mallers will continue to hold his position at Strike while serving as the CEO of 21 Capital.