PANews reported on May 7 that according to Finance Feeds, British online trading giant CMC Markets increased its stake in blockchain startup StrikeX Technologies from 33% to 51%, thereby gaining majority control of the company and its technology roadmap. The acquisition will enable CMC to directly acquire StrikeX's blockchain infrastructure, tokenization technology and digital wallet solutions, accelerating its Web3 strategic layout.
CMC first acquired a 33% stake in Strikex in 2023, calling it a strategic investment in tokenized finance and self-custody technology. Now with a majority stake, Strikex is officially a subsidiary of the CMC Markets Group, enabling faster product launches, regulatory approvals and global expansion. As part of the latest transaction, CMC also increased its holdings of STRX tokens from 10 million to 15 million, further aligning its interests with the Strikex ecosystem.
