CMC Markets Gains Majority Stake in StrikeX Technologies

CMC Markets has made a strategic move by acquiring a 51% stake in blockchain startup StrikeX Technologies Ltd. This acquisition signifies a significant expansion of CMC’s digital asset presence and commitment to integrating traditional finance with digital assets. The deal marks a significant shift in the financial landscape as a major player from the traditional finance sector enters the world of blockchain technologies. CMC Markets’ increased involvement in StrikeX Technologies is expected to have positive implications for the STRX cryptocurrency token, reflecting a growing trend of traditional finance institutions investing in blockchain technology.