CMC Markets plc (LON:CMCX), a leading global online financial trading company, has released a statement regarding its investment in StrikeX, addressing recent reports and reaffirming its commitment to the partnership.

Lord Peter Cruddas, CEO of CMC Markets, emphasized the company’s support for StrikeX’s vision and innovations in blockchain technology, including advancements in self-custody, tokenization, and blockchain infrastructure through StrikeX Labs.

In his statement, Lord Cruddas clarified that the write-off of CMC’s initial investment in StrikeX was purely an accounting decision and does not reflect a lack of confidence in the company’s technology or future potential.

“This accounting adjustment does not signify any change in our partnership or our belief in StrikeX’s strategic objectives,” he said. “In fact, we continue to integrate StrikeX’s services into our offerings and are committed to collaborating further on Web 3.0 developments.”

He highlighted the progress StrikeX has made in the rapidly evolving blockchain space and expressed enthusiasm for continued growth alongside the company.

CMC Markets reaffirmed its commitment to fostering innovation and strategic partnerships that create long-term value. StrikeX remains an integral part of that strategy, as both companies work together to drive advancements in the future of finance.