London Stock Exchange-listed firm CMC Markets announced today that it had acquired a third of the stock in blockchain startup StrikeX. CMC is best known for its mobile investment platform offering contracts for difference (CFDs) and spread betting. CFDs are available across a variety of assets, including FX, equities and cryptocurrencies. While CMC’s offerings are retail-focused, its solutions are popular amongst people employed in investment banking.
StrikeX developed TradeStrike, which has a wallet and mobile trading platform.
At first, the alliance looked like a tie-up for crypto, but comments from StrikeX imply the focus is more on digital securities.
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