CMC Markets has written off its £2.8 million investment in Strike X, a blockchain solutions business that it acquired in June 2023. The London-based broker holds a 33% stake in Strike X but has deemed the investment amount unrecoverable and written off the full carrying value. Strike X is actively seeking third-party capital to improve its financial position, and CMC Markets continues to support the company and its strategic objectives. CMC Markets has also begun onboarding clients through its partnership with Revolut, with plans to expand its CFD offerings across the European Union. In its latest financials, CMC Markets reported a 45% yearly revenue gain, but a 15.6% decline compared to the previous six months. The company is strengthening its B2B presence, with B2B services contributing 28% of its trading volume in the first half of the current fiscal year.



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