Tether Appoints Independent Directors to Twenty One Capital Board, Restores Audit Committee

Tether Designates Independent Board Member to Restore Twenty One Capital's Audit Committee

TLDR: Tether International designated an independent director to Twenty One Capital’s board after SoftBank’s exit created a vacancy. The new appointee meets SEC Rule 10A-3 and NYSE Section 303A.02 independence standards for audit committees. Twenty One Capital holds over 43,500 Bitcoin and is building a vertically integrated Bitcoin business model. Paolo Ardoino stated that oversight strength must match the strength of Twenty One Capital’s bala…

Twenty One Capital regains full audit committee lineup as Tether names independent director

The vacant audit committee seat on Twenty One Capital’s board has been filled by Tether International. The company designated an independent director that meets SEC and NYSE standards. Twenty One Capital’s (XXI) audit committee now has all the members it needs after Tether appointed a new independent director.  Why was Twenty One Capital missing a director?  The spot on Twenty One Capital’s (XXI) audit committee became empty after Tether purchas…

Tether Appoints Independent Directors to Twenty One Capital Board, Restores Audit Committee

Tether appoints independent directors to the Twenty One Capital board, restoring a full audit committee structure and strengthening governance oversight.Read more...