CMC Markets acquires 33% stake in StrikeX Technologies
CMC Markets acquires 33% stake in StrikeX Technologies
Broker CMC Markets has announced the acquisition of a 33% stake in blockchain solutions company StrikeX Technologies Ltd.
The investment in StrikeX will allow CMC Markets to strengthen its position in the crypto industry and gain access to advanced blockchain technology that will benefit both retail (D2C) and institutional (B2B) clients.
At the same time, the partnership with CMC Markets will allow StrikeX Technologies to accelerate its development and further establish itself in the evolving Web 3.0 technology space, according to NewsnReleases.
"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," said Lord Cruddas, CEO of CMC Markets.
The investment in StrikeX Technologies demonstrates CMC Markets' commitment to mastering new technologies and offering better solutions to its clients worldwide.
As a reminder, CMC Markets reported a stock purchase by the company's management.
Broker CMC Markets was founded in 1989 and offers its clients access to a wide range of trading assets, including indices, stocks, and cryptocurrencies. The company offers favorable trading conditions and is known for its high level of investment protection.
