Jack Mallers Launches Bitcoin Venture with Tether Backing, Aiming for Market Dominance

Jack Mallers, renowned founder of Strike, has launched Twenty One Capital, a Bitcoin venture backed by Tether and SoftBank. This new firm aims to become the leading player in the burgeoning Bitcoin landscape. With an initial investment of 42,000 BTC (worth approximately $4 billion), Twenty One Capital is poised to shape how financial systems approach Bitcoin. The company’s strategy centers on boosting liquidity and driving innovation within the Bitcoin space.