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