IN BRIEF: CMC Markets stresses StrikeX write-off an accounting call
CMC Markets PLC - London-based online trading platform - Addresses a recent news article which "misrepresents our commitment to StrikeX and its strategic objectives". Explains the write-off of its initial investment in StrikeX 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 says it is committed to fostering innovation and partnerships that deliver long-term value, and "StrikeX remains a key part of that vision". Read More