---
title: "Twenty One Capital names Raphael Zagury CEO as Jack Mallers steps down"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293329907.md"
description: "Twenty One Capital appointed Raphael Zagury as CEO effective July 20, replacing Jack Mallers. Zagury brings experience from Elektron Energy and fintech roles at OpenCo and major banks. Mallers stepped down to focus on Strike, which remains standalone while evaluating a potential combination with Elektron. The transition is ongoing."
datetime: "2026-07-21T11:00:36.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293329907.md)
  - [en](https://longbridge.com/en/news/293329907.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293329907.md)
generator: "portal-rs"
---

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

-   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. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Twenty One Capital Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260721580128) on July 21, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**