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Just caught wind of this - Jack Mallers' Twenty One Capital is making some serious moves. Apparently Tether, which already owns a chunk of the company, is now pushing for a 3-way merger deal. Pretty wild considering how much that would reshape things in this space.
Twenty One Capital's been getting attention for a while now, but this Tether involvement is next level. A merger like this would be huge for the whole ecosystem - you're basically talking about combining major players. Not sure what the full implications are yet, but the market's clearly reacting to it.
Anyone else following this closely? Curious what people think this actually means for the industry long-term. Feels like one of those moves that could change the landscape pretty significantly.