Search results for Jack Mallers
Crypto
Tether buys 26 percent stake in SoftBank-held Twenty One Capital, strengthens control
Stablecoin issuer Tether has bought about 26 percent of Twenty One Capital held by SoftBank Group, Cointelegraph reported on Tuesday. The purchase price was not disclosed. SoftBank was an early investor in Twenty One Capital, which launched in 2025 as a bitcoin treasury company backed by Cantor Fitzgerald and led by Jack Mallers. SoftBank-appointed directors will step down from the board following the ownership change.
Crypto
Strike wins New York BitLicense, builds services across 50 U.S. states
Bitcoin payments firm Strike has obtained a BitLicense and a money transmitter licence from the New York State Department of Financial Services, The Block reported on March 6. The approvals allow Strike to provide bitcoin financial services to New York residents and businesses. Strike will offer services including bitcoin brokerage, recurring purchases, converting payroll into bitcoin and paying bills using bitcoin balances. Its founder and CEO Jack Mallers called the licence a decisive milestone.
Crypto
Shiba Inu at a bottom or a trap? A 2026 crossroads for windfall or wipeout
With the broader cryptocurrency market in decline, investors are divided over whether buying Shiba Inu now can deliver profits by the end of 2026. The token has slipped to 25th by market value as geopolitical and macroeconomic uncertainty weighs on sentiment. Some platforms forecast a rise into the $0.0000120 to $0.0000142 range, while others are more bullish. Skeptics cite Shiba Inu’s 2025 drop and warn gains are not assured.