CMC Markets increases its stake in blockchain startup StrikeX to 51%
ChainCatcher news, according to FinanceFeeds, the UK online trading company CMC Markets has increased its stake in the blockchain startup StrikeX Technologies from 33% to 51%, thereby gaining majority control over the company and its technology roadmap.
CMC first acquired a 33% stake in StrikeX in 2023, describing it as a strategic investment in tokenized finance and self-custody technology. Now, with the majority stake, StrikeX officially becomes a subsidiary of the CMC Markets group, enabling it to launch products faster, obtain regulatory approvals, and achieve global expansion.
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