CMC Markets Signals Upcoming Launch of Tokenised Assets with StrikeX Partnership

London-listed broker CMC Markets is preparing to enter the tokenized asset space through its capital markets division, CMC CapX, in collaboration with blockchain firm StrikeX Technologies. While the broker has not announced a formal launch date, a recent teaser suggests that tokenized investment products could soon become available through its alternative investments platform.

The move reflects CMC Markets’ growing focus on bridging traditional financial services with blockchain infrastructure—an area that’s gaining momentum among brokers globally.

Turning Real-World Assets into Blockchain Tokens

In a LinkedIn post shared by CMC CapX this week, the company hinted at a new offering that would allow real-world assets such as shares in private companies to be turned into digital tokens on the blockchain. These tokenized assets would be accessible through the CMC CapX platform, which launched in 2022 and is designed to connect investors with IPOs, secondary placings, and pre-IPO fundraising rounds.

“We’re turning real-world investment opportunities (like shares in private companies) into digital tokens on the blockchain,” the company stated. This announcement marks a new stage in CMC Markets’ efforts to modernize its capital markets infrastructure and reach a broader investor base.

Strategic Expansion via StrikeX Technologies

CMC Markets has been gradually increasing its exposure to blockchain technology through StrikeX. In mid-2023, the broker acquired a 33% stake in StrikeX, and by May 2025, it increased its shareholding to a controlling 51% stake. Despite writing off its initial £2.8 million investment in StrikeX as unrecoverable, CMC reaffirmed its long-term strategic support for the company.

With this majority stake, CMC now effectively controls StrikeX’s product development and roadmap—putting it in a strong position to lead innovation in tokenized finance.
CMC’s blockchain investment appears to be moving from experimentation to execution, signaling growing confidence in the utility and demand for tokenized asset classes.

Capital Markets Meets Crypto Innovation

CMC CapX operates alongside CMC Markets’ core CFD brokerage business and its institutional offering under CMC Connect. The broker’s institutional infrastructure supports major clients such as Revolut, which uses CMC Connect to deliver leveraged CFD products in multiple countries.

By adding tokenized assets to its capital markets arm, CMC is broadening its product spectrum and tapping into the emerging demand for 24/7 investable products, fractional ownership, and faster settlement via blockchain technology.

Tokenized Asset Race Heats Up

CMC Markets’ announcement comes on the heels of similar moves from other major players:

• Robinhood recently unveiled plans to offer tokenized stock trading in Europe, including shares in unlisted companies like OpenAI and SpaceX.
• Kraken, Bybit, and Gemini already offer tokenized stocks and ETFs through synthetic asset platforms.
• Coinbase is developing a tokenized stock trading platform, though it awaits SEC approval for a potential U.S. rollout.

These offerings aim to make capital markets more accessible, with benefits like round-the-clock trading, fractional shares, and global access. However, not all experts are convinced of their value.
“It’s a wrapper, not real equity,” said Anton Golub, Chief Business Officer at Freedx, a Dubai-based crypto exchange. He warned that tokenized assets often behave more like derivatives than actual shares, and questioned whether 24/7 access adds value when liquidity tends to evaporate outside market hours.

Strengthening Risk Controls in the Digital Era

As more brokers enter the blockchain and tokenization space, operational risk, fraud prevention, and regulatory scrutiny become key concerns. Recently, cTrader integrated automated risk and fraud detection tools, offering brokers enhanced safeguards as they scale digital asset offerings. Tools like these may become essential infrastructure for any firm, including CMC, aiming to combine traditional markets with blockchain-based innovation.

What This Means for CMC Traders

For now, CMC Markets has not revealed whether the tokenized assets will be offered to retail CFD clients or limited to sophisticated capital markets investors. However, with StrikeX’s blockchain infrastructure under its control and CMC CapX already serving a broad investment base, a broader rollout seems likely.

The entry into tokenized assets could position CMC Markets as one of the first UK-regulated brokers to formally integrate blockchain-backed securities into a licensed capital markets platform.

As traditional brokers race to stay competitive against crypto-native platforms, CMC’s strategic investment in StrikeX and the planned launch of tokenized offerings may signal a broader shift in how capital markets evolve in the digital era.