Twenty One Capital names Raphael Zagury CEO as Jack Mallers steps down

Cantor Equity Partners

Cantor Equity Partners

XXI

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  • Twenty One Capital named Raphael Zagury CEO effective July 20, replacing Jack Mallers, who stepped down to focus on Strike.
  • Zagury founded and leads Elektron Energy, a large-scale Bitcoin mining and infrastructure company; he previously held senior roles at Goldman Sachs, Deutsche Bank, Merrill Lynch.
  • He co-founded One Partners, later co-founded fintech lender OpenCo, serving as CFO during capital raises backed by SoftBank, IFC, LTS Investments.
  • Zagury resigned from board committees effective July 15, remains a director; Mallers is working with him on the transition.
  • Strike will remain standalone; a potential combination with Elektron remains under evaluation.


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