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Tether-backed Twenty One and Strike merger plan has been scrapped · Cyprus Report

Tech · World

Tether-backed Twenty One and Strike merger plan has been scrapped

1 sourceFirst reported 8 hours agoUpdated 8 hours ago

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The proposed three-way merger involving Tether-backed Twenty One, Strike, and Elektron has been scrapped.
Strike will continue to operate as a standalone company following the cancellation of the merger.
Twenty One Capital and Elektron are still in discussions, despite the merger's cancellation.
The information was reported by Bloomberg on July 21, 2026.

Generated by AI from the 1 sources below · always verify with the originals

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All coverage (1)

Tether-backed Twenty One, Strike merger plan scrapped: BloombergCointelegraph · 8 hours ago

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AI summary: catch up in 20 seconds

The proposed three-way merger involving Tether-backed Twenty One, Strike, and Elektron has been scrapped.
Strike will continue to operate as a standalone company following the cancellation of the merger.
Twenty One Capital and Elektron are still in discussions, despite the merger's cancellation.
The information was reported by Bloomberg on July 21, 2026.

Generated by AI from the 1 sources below · always verify with the originals