RCS - CMC Markets Plc - Statement on StrikeX Investment

CMC MarketsAnnouncement

22/11/2024 15:15

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RNS Number : 3878N  CMC Markets Plc  22 November 2024

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
 
investor.relations@cmcmarkets.com

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
(http://www.cmcmarketsplc.com) .

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