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Lord Cruddas' CMC Markets takes control of blockchain firm

Summary by City AM
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…
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European Business Magazine broke the news in on Wednesday, May 7, 2025.
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