Skillz receives termination notice from Tether; files lawsuit in Delaware Chancery Court

Skillz Inc.

Tether Studios and Tether Games terminated agreements covering Solitaire Cube and 21 Blitz effective Sept 1, 2025.
Skillz filed suit in Delaware Court of Chancery on Sept 1 seeking injunctive and declaratory relief over alleged breach.
Skillz believes termination notice is invalid; post-termination period allows Skillz to host paid competitions for 18 months.
Revenue from entry fees shared between Skillz and Tether; litigation outcome and business impact are uncertain.

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