Lord Cruddas' CMC Markets takes control of blockchain firm
6 Articles
6 Articles
CMC Markets Acquires Majority Stake in StrikeX to Accelerate Digital Asset Strategy
Disruption Banking CMC Markets Acquires Majority Stake in StrikeX to Accelerate Digital Asset Strategy 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 incr…
CMC Markets Takes Control Of Blockchain Startup StrikeX - FinanceFeeds
CMC Markets is doubling down on its digital asset strategy. The UK-based online trading powerhouse has increased its stake in blockchain startup StrikeX Technologies from 33% to 51%, gaining majority control of the firm and its tech roadmap. The move aligns with CMC’s long-term Web3 ambitions, giving it direct access to StrikeX’s blockchain infrastructure, tokenisation capabilities, and digital wallet technologies, all key ingredients in buildin…
Lord Cruddas' CMC Markets takes control of blockchain firm
CMC Markets, the firm founded by Conservative Peer Lord Peter Cruddas, announced on Wednesday it had acquired a majority stake in StrikeX Technologies. The London-based trading firm upped its holding in the blockchain firm to 51 per cent from 33 per cent previously. Shares in CMC Markets were up 0.3 per cent in midday trading on Wednesday. The acquisition significantly strengthens CMC’s grip on StrikeX and its product roadmap, allowing it to fas…
CMC Markets Takes Over StrikeX to Gain “Direct Control”
CMC Markets (LON: CMCX), known for its contracts for differences (CFDs) offering, has increased its stake in the blockchain company StrikeX Technologies from 33 per cent to a majority 51 per cent.Direct Control over StrikeXWith this acquisition, the broker now has direct control over StrikeX’s technology and product roadmap. The announcement today (Wednesday) also noted that StrikeX is now fully integrated into the CMC Markets group.As the paren…
StrikeX and CMC Markets Enter New Growth Phase With Majority Acquisition - European Business & Finance Magazine
LONDON, GB / ACCESS Newswire / May 7, 2025 / StrikeX is pleased to announce a landmark new agreement with CMC Markets, the award-winning* FTSE250 financial services provider. As part of this expanded collaboration, CMC Markets has taken a controlling 51% stake in StrikeX Technologies Ltd., up from its previous 33% shareholding. Additionally, CMC has increased its holdings of the STRX token from 10 million to 15 million. StrikeX and CMC Markets T…
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