Select Page

London based online trading firm CMC Markets (LON:CMCX) has announced that it has acquired a majority equity stake in blockchain technology provider StrikeX Technologies Ltd., increasing its holding from 33% to 51%. This acquisition strengthens CMC’s direct control over StrikeX technology and product roadmap, enabling the rapid expansion of its digital asset strategy.

As part of the transaction, CMC Markets has also increased its holding of STRX cryptocurrency tokens from 10 million to 15 million, further aligning its interests with the StrikeX ecosystem.

CMC Markets first invested in StrikeX in 2023.

This majority stake marks a decisive move in CMC Markets’ digital strategy, providing immediate access to proprietary blockchain technology, Web3 infrastructure, and tokenised asset solutions.

With StrikeX now fully integrated under the CMC Markets group, the company said it is positioned to fast-track product development, regulatory approvals, and global distribution of innovative digital finance solutions.

Lord Peter Cruddas, Founder and CEO of CMC Markets, commented,

“This majority acquisition represents a significant leap forward in our ambition to lead in digital assets” We are building a future-ready platform to deliver regulated, institutional-grade access to tokenised assets, blockchain-powered solutions, and the next generation of financial services.

CMC Markets continues to drive innovation and diversification, leveraging strategic investments to expand its capabilities across the digital finance ecosystem.”

Share it on social networks