Business
Statement on StrikeX Investment
Statement on StrikeX Investment.
About this update from Cmc Markets Plc
22 November 2024 CMC MARKETS PLC ("CMC" the "Group" or the "Company") Statement on StrikeX Investment CMC Markets CEO, Lord Peter Cruddas, commented: At CMC Markets, we are proud to partner with StrikeX, a dynamic and innovative leader in blockchain technology. We believe strongly in their vision and the transformative potential of their solutions, including advancements in self-custody, tokenisation, and blockchain infrastructure through StrikeX Labs. We would like to address a recent news article which misrepresents our commitment to StrikeX and its strategic objectives. The write-off of our initial investment is purely an accounting decision and does not reflect our belief in StrikeX's technology or potential, nor does it indicate any change in our partnership. On the contrary, we continue to integrate StrikeX's services into our offerings and see our relationship deepening further as we collaborate on Web 3.0 developments. The team at StrikeX has made tremendous strides in this fast-paced industry, and we remain excited to grow alongside them, supporting their mission to reshape the future of finance. CMC Markets is committed to fostering innovation and partnerships that deliver long-term value, and StrikeX remains a key part of that vision. Enquiries CMC Markets Plc [email protected] Albert Soleiman, Chief Financial Officer Camarco Geoffrey Pelham-Lane +44 (0) 7733 124 226 Jennifer Renwick +44 (0) 7928 471 013 Alex Campbell +44 (0) 7710 230 545 Notes to Editors CMC Markets Plc ("CMC"), whose shares are listed on the London Stock Exchange under the ticker CMCX (LEI: 213800VB75KAZBFH5U07), was established in 1989 and is now one of the world's leading online financial trading businesses. The Company 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 Markets offers an award-winning, online and mobile trading platform, enabling clients to trade over 12,000 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, Singapore and the UK, access stockbroking services. More information is available at http://www.cmcmarketsplc.com .