LONDON, UK: CMC Markets Plc , a leading global provider of online retail and institutional platform technology, has announced a significant investment in StrikeX Technologies Ltd, a customer-centric blockchain solutions company.
With the acquisition of a 33% stake in StrikeX, CMC Markets solidifies its position in the digital asset industry and gains access to cutting-edge blockchain technologies.
StrikeX Technologies specializes in tokenization and self-custody technologies, offering innovative solutions for the blockchain ecosystem. By joining forces with CMC Markets, the company aims to accelerate its growth and further establish itself as a pioneer in the rapidly evolving Web 3.0 technology space. The partnership will allow CMC Markets to leverage StrikeX’s expertise and stay at the forefront of blockchain-related products and services, benefiting both retail (D2C) and institutional (B2B) clients.
Lord Cruddas, CEO of CMC Markets, expressed his excitement about the strategic investment, stating, “This is a major milestone for us as we venture into the Web 3.0 technology space. StrikeX Technologies provides us with access to top-tier advancements in the industry. With their talented team and expertise in fast-moving technologies, we are confident that this partnership will help us diversify our business and offer our customers the latest technological solutions, products, and wallet settlement services.”
Joe Jowett, CEO and Co-Founder of StrikeX, shared his enthusiasm for the collaboration, emphasizing the long-term vision and strategy behind the partnership. Jowett said, “Our goal is to lead the industry in delivering traditional financial instruments, such as equities, commodities, and bonds, on the blockchain while ensuring security, compliance, and user-friendly access through intuitive products. Our partnership with CMC Markets not only strengthens our position as industry frontrunners but also validates our commitment to innovation. We look forward to leveraging this collaboration to achieve greater heights and share our progress with the market.”
The investment in StrikeX Technologies marks CMC Markets’ dedication to embracing emerging technologies and offering enhanced solutions to its global customer base. As the blockchain landscape continues to evolve, the partnership between CMC Markets and StrikeX Technologies positions both companies to shape the future of the digital asset industry through innovation and industry-leading expertise.
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