Raphael Zagury was named Chief Executive Officer of Twenty One Capital, Inc., succeeding Jack Mallers, effective July 20, 2026. As of November 6, 2026, Twenty One Capital, Inc. has reported 5 leadership change filings to the SEC under Item 5.02 of Form 8-K, from May 20, 2026 to September 9, 2026, naming 4 appointments and 1 departure (Form 8-K, July 21, 2026).
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Key facts
- · In / out: In · Person: David J. Goldschmidt · Effective: 2026-09-08 · 8-K, 2026-09-09
- · In / out: Out · Person: Jack Mallers · Role: Chief Executive Officer · Effective: 2026-07-20 · 8-K, 2026-07-21
- · In / out: In · Person: Karl Olsoni · Effective: 2026-06-30 · 8-K, 2026-06-30
- · In / out: In · Person: Paul Lalljie · Effective: 2026-06-05 · 8-K, 2026-06-08
- · In / out: Reported · Person: not named in the filing · 8-K, 2026-05-20
Twenty One Capital, Inc. reported changes in 5 filings among its directors and officers to the SEC on Form 8-K, Item 5.02, from 2026-05-20 to 2026-09-09. They name 5 people, with 4 appointments and 1 departure. Every row below is cited to the filing it comes from, and this page adds each new change as Twenty One Capital, Inc. files it.
Also on the record for Twenty One Capital, Inc.
| Date | Record | Figure | Our page | Source |
|---|---|---|---|---|
| December 8, 2025 | Acquired 4,812.220927 Bitcoin | $340.20M | Acquisition | Source |
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More on Twenty One Capital, Inc. and the records around it.
Twenty One Capital, Inc. elsewhere on the record
- Acquisition Dec 2025
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Timeline
| Filed | In / out | Person | Role | Effective | Source |
|---|---|---|---|---|---|
| 2026-09-09 | In | 2026-09-08 | 8-K, 2026-09-09 | ||
| 2026-07-21 | Out | Chief Executive Officer | 2026-07-20 | 8-K, 2026-07-21 | |
| 2026-07-21 | In | Chief Executive Officer | 2026-07-20 | 8-K, 2026-07-21 | |
| 2026-06-30 | In | 2026-06-30 | 8-K, 2026-06-30 | ||
| 2026-06-08 | In | 2026-06-05 | 8-K, 2026-06-08 | ||
| 2026-05-20 | Reported | not named in the filing | 8-K, 2026-05-20 |
Who leads Twenty One Capital, Inc., as last reported?
For each role that changed in the filings below, the most recent change reported. A role that did not change in these filings is not listed.
- Chief Executive Officer: Jack Mallers, departure reported, effective 2026-07-20 (filed 2026-07-21). No successor is named in these filings.
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Appointed: David J. Goldschmidt, effective 2026-09-08
On September 8, 2026, the Board of Directors (the "Board") of Twenty One Capital, Inc. (the "Company") appointed David J. Goldschmidt to the Board, effective September 8, 2026.
- His term will expire at the 2027 annual general meeting of the shareholders of the Company at which members of the Board are elected or until his earlier death, resignation, disqualification, or removal.
- In addition, the Board appointed Mr. Goldschmidt to the Audit Committee of the Board, effective September 8, 2026.
- Under the Independent Director Agreement, Mr. Goldschmidt will receive an annual cash retainer of $150,000 and an annual award of Class A Stock of the Company of $150,000 per annum.
- The Company will also reimburse Mr. Goldschmidt for all reasonable travel and other out-of-pocket expenses incurred in connection with rendering services for the Company.
Departing: Jack Mallers, Chief Executive Officer, effective 2026-07-20
Jack Mallers' Departure as Chief Executive Officer and as a Director On July 21, 2026, Twenty One Capital, Inc. (the "Company") announced that Jack Mallers, the Company's Chief Executive Officer ("CEO"), has resigned from his position as CEO and as a director of the Company, effective as of July 20, 2026 (the "Separation Date").
Appointed: Raphael Zagury, Chief Executive Officer, effective 2026-07-20
Appointment of Raphael Zagury as Chief Executive Officer Also on July 20, 2026, the Board of Directors of the Company (the "Board") appointed Raphael Zagury, 50, as its CEO, effective July 20, 2026.
- Mr. Mallers' departure is not related to any disagreements with the Company on any matter relating to its operations, policies, practices (financial or otherwise) or any issues regarding financial disclosures, accounting, or legal matters.
- All stock options and restricted stock units previously granted to Mr. Mallers that are unvested as of the Separation Date will be forfeited for no consideration in accordance with their terms.
- Mr. Zagury has served as a member of our Board since December 2025.
- He is the founder and Chief Executive Officer of Elektron Enterprises LLC, which provides management and operational services to Elektron Energy, a Bitcoin mining and energy infrastructure business.
- From 2023 to 2024, Mr. Zagury served as Chief Investment Officer at Swan Bitcoin.
- Previously, he founded One Partners, an investment bank, and co-founded OpenCo, a lending fintech, where he served as Chief Financial Officer and led multiple capital raises through Series D. Earlier in his career, he held executive and trading roles at Goldman Sachs, Merrill Lynch, and Deutsche Bank in New York.
- Mr. Zagury holds an MBA from Yale University and a B.A. in Economics from IBMEC.
- Mr. Zagury will continue to serve as a member of the Company's Board, but will no longer serve as a member of the Audit Committee, Nominating and Corporate Governance Committee or the Compensation Committee.
Appointed: Karl Olsoni, effective 2026-06-30
On June 30, 2026, the Board of Directors (the "Board") of Twenty One Capital, Inc. (the "Company") appointed Karl Olsoni to the Board, effective June 30, 2026.
- His term will expire at the 2027 annual general meeting of the shareholders of the Company at which members of the Board are elected or until his earlier death, resignation, disqualification, or removal.
- In addition, the Board appointed Mr. Olsoni to the Audit Committee of the Board, effective June 30, 2026.
- Under the Independent Director Agreement, Mr. Olsoni will receive an annual cash retainer of $150,000 and an annual award of Class A Stock of the Company of $150,000 per annum.
- The Company will also reimburse Mr. Olsoni for all reasonable travel and other out-of-pocket expenses incurred in connection with rendering services for the Company.
Appointed: Paul Lalljie, effective 2026-06-05
On June 5, 2026, the Board of Directors (the "Board") of Twenty One Capital, Inc. (the "Company") appointed Paul Lalljie to the Board, effective June 5, 2026.
- His term will expire at the 2027 annual general meeting of the shareholders of the Company at which members of the Board are elected or until his earlier death, resignation, disqualification, or removal.
- In addition, the Board appointed Mr. Lalljie to the Audit Committee of the Board, effective June 5, 2026.
- Under the Independent Director Agreement, Mr. Lalljie will receive an annual cash retainer of $150,000 and an annual award of Class A Stock of the Company of $150,000 per annum.
- The Company will also reimburse Mr. Lalljie for all reasonable travel and other out-of-pocket expenses incurred in connection with rendering services for the Company.
- As a result of Mr. Lalljie's appointment to the Audit Committee, on June 5, 2026, the Company regained compliance with Section 303A.07(a) of the NYSE Listed Company Manual, which requires that the audit committee of the Company has at least two independent members during the transition period following the Company's listing on the NYSE.
Reported
The resignation of Mr. Roscoe and Mr. Parekh and their resignation from the Company's board of directors and all applicable committees thereof became effective on May 19, 2026.
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Where this comes from
A public company must file a current report on Form 8-K with the SEC within four business days when a director leaves or is elected, or when its chief executive, chief financial, chief accounting or chief operating officer, or another named executive, departs or is appointed. That disclosure goes under Item 5.02 of the report.
Every change on this page is taken from one of those filings and quoted in the company's own words, with a link to the filing, so it can be checked at the source. Where a filing names the person, the role and the date a change takes effect, they are shown beside the quote. Where it does not, the quote stands on its own. A filing states what changed; it rarely states why, and neither does this page.