StrikeX and CMC Markets Enter New Growth Phase with Majority Acquisition
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.
This deal marks a significant evolution in the relationship between the two companies — a move that not only signals CMC’s deepened confidence in StrikeX’s vision, but also establishes a new strategic foundation for long-term growth and innovation in the digital asset space.
Joe Jowett, CEO and Co-Founder of StrikeX, shared his enthusiasm for the development, stating:
“This agreement represents a major step forward for StrikeX. CMC Markets’ decision to increase their investment and take a controlling stake reflects a shared commitment to building the future of digital assets. With access to enhanced resources, regulatory infrastructure, and institutional expertise, we are now set to accelerate our product roadmap and scale our impact across both retail and institutional markets.”
This new partnership phase brings together StrikeX’s advanced blockchain technology and CMC’s global financial network, setting the stage for a powerful expansion into the tokenisation, DeFi, and Web3 sectors.
Lord Peter Cruddas, Founder and CEO of CMC Markets, commented:
“This majority acquisition represents a significant leap forward in our ambition to lead in digital assets. We are building a future-ready platform to deliver regulated, institutional-grade access to tokenised assets, blockchain-powered solutions, and the next generation of financial services. CMC Markets continues to drive innovation and diversification, leveraging strategic investments to expand its capabilities across the digital finance ecosystem.”
. . .
Strategic and Operational Questions
How will this acquisition impact StrikeX’s overall mission and vision?
Having CMC Markets as a controlling partner in StrikeX Technologies strengthens our mission by providing access to their extensive regulatory infrastructure and institutional expertise — accelerating our vision of building a world-class digital asset ecosystem.
Will there be any changes in the company leadership or management structure?
No changes are planned. The StrikeX leadership team remains fully intact and continues to lead the company forward.
How will this acquisition affect StrikeX operations and day-to-day activities?
The partnership allows for closer day-to-day collaboration with CMC Markets, enhancing operational alignment and driving shared strategic goals.
Acquisition-Specific Questions
What are the expected benefits and synergies between StrikeX and CMC Markets from this acquisition?
This acquisition paves the way for deeper collaboration and joint development initiatives. The combined strengths of both companies will unlock new opportunities and accelerate our growth within the digital asset space.
Token-Related Questions
How will this acquisition impact the value of the STRX token?
CMC Markets increasing its STRX holdings as part of the acquisition is a strong vote of confidence in the long-term value and potential of the StrikeX ecosystem.
Will there be any changes to the tokenomics or distribution model?
No. The tokenomics and distribution model will remain unchanged.
How will the acquisition affect token holders?
CMC Markets’ additional STRX acquisition demonstrates its commitment to the StrikeX ecosystem, which is a positive signal for all token holders.
Are there any plans for new token offerings, burns, or buybacks?
There are no new token offerings planned. Our existing buyback and burn strategies will continue as normal.
Product and Offering Questions
Will there be any changes to the existing StrikeX products or offerings?
Yes, enhancements to existing products are underway, in alignment with our current roadmap and broader strategic goals.
Are there plans to introduce new products or offerings post-acquisition?
Yes, exciting new offerings are on the horizon — more details will be revealed soon.
How will the acquisition enhance the StrikeX product offerings?
With the support of CMC Markets, StrikeX will benefit from broader regulatory coverage and enhanced market access, enabling us to deliver more robust, compliant, and scalable products
. . .
About CMC Markets
CMC Markets Plc (“CMC”), whose shares are listed on the London Stock Exchange under the ticker CMCX (LEI: 213800VB75KAZBFH5U07), was established in 1989 and is now one of the world’s leading online financial trading businesses. The Group serves retail and institutional clients through regulated offices and branches in 12 countries, with a significant presence in the UK, Australia, Germany, and Singapore. CMC offers an award-winning, online, and mobile trading platform, enabling clients to trade up to 10,000 financial instruments across shares, indices, foreign currencies, commodities, and treasuries through contracts for difference (“CFDs”), financial spread bets (in the UK and Ireland only) and, in Australia, access stockbroking services. More information is available at https://www.cmcmarkets.com/group/.
*№1 Platform Technology Forex Brokers 2022
*Best White Label Provider B2B Global Forex Awards 2023
*№1 Web platform Forex Broker Awards 2023
About StrikeX Technologies
StrikeX Technologies was founded in early 2021 and is developing a suite of user-centric and innovative blockchain solutions, from web3-enabled software to pioneering advancements in tokenization technology.
Learn more about StrikeX and its subsidiaries:
StrikeX Technologies Ltd — https://Strikex.com
StrikeX.BVI Ltd — https://tradestrike.io
StrikeX Roadmap — https://blog.strikex.com/strikex-app-technical-roadmap-6b672cbebff4
