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Announced

Completed

CMC Markets completed the acquisition of a 33% stake in StrikeX.

Synopsis

CMC Markets, a financial services company, completed the acquisition of a 33% stake in StrikeX, a company that is developing a suite of user-centric and innovative blockchain solutions. Financial terms were not disclosed. “Our partnership with CMC Markets will bolster our position as early frontrunners in this dynamic and fast-moving industry, whilst validating our long-term vision and strategy. We strive to pioneer the delivery of traditional financial instruments, such as equities, commodities and bonds to the blockchain, whilst guaranteeing security, compliance, and ease of access via intuitive, secure, and user-friendly products. We are excited by the opportunity this partnership brings and we look forward to sharing more updates as we continue to grow and innovate," Joe Jowett, StrikeX Co-Founder and CEO.

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