StrikeX Secures Strategic Partnership With CMC Markets

StrikeX Secures Partnership With CMC Markets

StrikeX (STRX) Jumps +70% In 24hr

StrikeX Secures Strategic Partnership With CMC Markets

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StrikeX Secures Strategic Partnership With CMC Markets

(Friday 09 June 2023 1:00 PM IST)

StrikeX, a leading player in the cryptocurrency industry, has made a significant leap forward with its recent announcement of a secured strategic partnership with CMC Markets, a renowned FTSE 250 financial services provider. This partnership involves CMC Markets acquiring a 33% stake in StrikeX Technologies and two of its senior executives joining the StrikeX board, bringing their extensive expertise and experience to the table.

The market responded positively to this news, as StrikeX’s (STRX) Coin price saw a remarkable increase of +70% following the announcement, StrikeX’s (STRX) Coin is currently trading at $0.04892 with the MarketCap of 39 Million as per coinmarketcap.

The collaboration between StrikeX and CMC Markets marks a major milestone not only for the two companies involved but also for the entire digital asset industry. By combining StrikeX’s proficiency in tokenisation and self-custody technologies with CMC Markets‘ deep understanding of financial services, the partnership aims to revolutionize the way individuals and businesses invest in digital assets.

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Joe Jowett, CEO and Co-Founder of StrikeX, expressed his enthusiasm for the deal and its potential impact, stating that the partnership with CMC Markets will strengthen their position as pioneers in this rapidly evolving industry. Jowett emphasized their vision and strategy to deliver traditional financial instruments, such as equities, commodities, and bonds, on the blockchain while prioritizing security, compliance, and user-friendly accessibility through intuitive products. He expressed excitement about the opportunities this partnership will bring and promised to share further updates as both companies continue to grow and innovate.

Lord Cruddas, the founder and CEO of CMC Markets, also shared his perspective on the collaboration, highlighting the strategic investment it represents in the emerging Web 3.0 technology space. He acknowledged StrikeX Technologies as a brilliant and dynamic company with a talented team that possesses a deep understanding of fast-moving technologies. Cruddas expressed the excitement of working together to further diversify their business through the latest technology, products, and wallet settlement.

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The partnership between StrikeX and CMC Markets signifies the increasing convergence of traditional financial services with the blockchain and digital asset space. As more established financial players recognize the potential of this transformative technology, they seek partnerships with innovative companies like StrikeX to leverage their expertise and drive advancements in the industry.

This announcement not only boosts StrikeX’s market value but also serves as a testament to the company’s credibility and long-term vision. The strategic collaboration with CMC Markets positions StrikeX as a frontrunner in the digital asset industry and opens doors to new opportunities for growth and innovation. As both companies combine their strengths, users can expect to witness groundbreaking developments that make investing in digital assets more secure, accessible, and efficient.

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FAQ

The StrikeX eco-system is being developed by TradeStrikeBVI (StrikeX.BVI Ltd) who’s primary focus is delivering design-led, sleek, intuitive blockchain powered tools to the retail market.

CMC Markets is 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. 

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Conclusion

The announcement of StrikeX’s successful completion of an investment and strategic partnership with CMC Markets, a renowned financial services provider, has had a significant impact on StrikeX’s price, with a 70% jump observed. This partnership marks a significant milestone for both companies involved and has broader implications for the digital asset industry as a whole.

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Disclaimer:

Consult your financial advisor before making any decisions because Investing in digital assets is extremely risky. Digital asset prices are subject to high market risk and price volatility. No information on this website is intended to be a solicitation or an offer.

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