Jack Mallers, founder and CEO of Strike, has been announced as the CEO of the new company Twenty One, aimed at developing products within the Bitcoin sector.
Jack Mallers' Appointment
Recently, it was announced that Jack Mallers would be the CEO of Twenty One Capital, Inc. This decision came after the announcement of a new business venture involving Cantor Equity Partners.
Support from Major Investors
Twenty One is backed by major investors, including stablecoin issuer Tether and Japan's SoftBank investment group. The company will initially manage over 42,000 bitcoins.
Strategies of Twenty One
The company plans to develop Bitcoin-native financial products, including lending and capital market instruments, and will invest in Bitcoin-related content and media.
Jack Mallers' appointment as CEO of Twenty One highlights the growing interest in Bitcoin and its financial opportunities. The new company aims to create a sustainable ecosystem for Bitcoin investors.