Markets by Trading view

CMC Markets Acquires Majority Stake in StrikeX to Accelerate Digital Asset Strategy

Facebook
Twitter
LinkedIn

CMC Markets today announced it has acquired a majority equity stake in 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.

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 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.”

See Also:

CMC Markets partners with TradingView | Disruption Banking

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts

Name

Trending

Write your email to verify subscription

Loading...

Sign up for our free newsletter and receive the latest banking and fintech stories, straight to your inbox - every week