StrikeX Roadmap
With the approval of Bitcoin ETFs, the imminent halving, and interest in tokenization reaching a fever pitch, it’s evident that 2024 is poised to be an exhilarating year for the cryptocurrency market. At StrikeX, we’ve been diligently preparing to seize the opportunities that lay ahead.
Following on from a successful 2023, which saw StrikeX achieve a ground-breaking partnership and investment by the FTSE250 financial service provider CMC Markets, as well as the release of the first iterations of our DeFi Wallet and DeFi Exchange, the time has come to put our foot on the gas and ramp up product development and delivery.
Wallet V2.
As of 2023, the Crypto Wallet market stood at $10.5 Billion, and this is expected to grow to $78 Billion by 2032, fuelled by a paradigm shift in asset ownership and management. With our StrikeX V2 Wallet Rollout, we seek to bring self-custody to its full potential by packaging it in one slick, secure and feature-rich application. Learn more on our website.
Milestones:
- Complete UI/UX Overhaul — Transforming the StrikeX Wallet interface with an unrivalled stunning design.
- New Network Integrations — Avalanche & Injective Protocol will be added to the growing list of supported blockchains, allowing users to swap their favourite AVAX and INJ tokens.
- Solana On-Chain Swaps — SOL swaps are arriving in the StrikeX Wallet through the integration of Jupiter DEX.
- New On/Off-Ramp Solution — More options for on-boarding and off-boarding through fiat payment gateways are coming, enabling more competitive fees and a broader reach.
- New Marketplace & DApp section — Making StrikeX Wallet your go to DeFi hub.
- Ledger Integration — You will be able to link your favourite cold storage device to StrikeX Wallet to safely manage your cryptocurrency portfolio.
- NFT Marketplace — NFTs are coming to StrikeX Wallet with a visually stunning and intuitive marketplace.
STRX Token utility
After the V2 launch rollout, we aim to allow StrikeX Wallet users to utilise the STRX token within the wallet through discounted fees and access to premium features.
DeFi Exchange V2.
It’s no surprise that with the thawing of the bear market, volumes across Decentralized Protocols have risen sharply. With $130 Billion traded on DeFi Exchanges in January of 2024 alone, we believe it is imperative to bring our DeFi Exchange to a standard where it becomes a must for any DeFi enthusiast. Learn more on our website.
Milestones (4/5 Complete):
- UI Upgrade — Our DEX is arriving with a substantially refreshed design. (Now Live)
- Real-Time Charting Data — We have worked hard to ensure you never miss a beat with real-time chart candles, all the way down to the minute-by-minute timeframes. (Now Live)
- Real-Time Orderbook Data — See trades exactly as they happen. (Now Live)
- Real-time Market Screener — Customise filters to search for the next undiscovered gem. (Now Live)
- New Network Support — Integration of Ethereum blockchain.
STRX Token utility
Post V2, like the wallet, we aim to allow users to utilise the STRX token to receive discounted fees and access to premium features.
Trading Platform
TradeStrike is our flagship product, destined to redefine trading as you know it. Taking the intuitive design of a mainstream stock trading platform and pairing it with the blockchain technologies of a cryptocurrency exchange, TradeStrike can offer a trading experience with the best of both worlds. We will delve into deeper details following our upcoming AMA (date to be announced). Learn more on our website.
Milestones:
- Back-end Integration into Front-end Modules
- Beta Testing for our Centralised Trading Engine
- Integration of Liquidity Providers
- Integration of Market Makers
- Integration of Asset Custodian
- Launch of Open Beta
- Integration of Additional Asset Classes
STRX Token utility
STRX will be the native exchange token for our upcoming blockchain-powered trading platform.
Blockchain (Layer 1)
We have always believed that institutions will adopt blockchain technology for financial instruments such as Tokenized Real-World Assets (RWAs) on private blockchains. This preference stems from the ability to manage stringent regulatory processes effectively and directly on-chain. Hence, we have chosen to utilise a Proof of Authority (POA) network, not only to host our own products, but also with the foresight of enabling third-party regulated entities to onboard securely in the future.
Milestones:
- POA EVM Network Development
- Network Internal Testing
- Network Closed Beta
- Network Integration into StrikeX Wallet & Trading Platform
- Launch of Open Beta
STRX Token utility
STRX will be the native currency of the network, and will be utilised for use in all transactions and gas fees.
Stock Token Bridge
While the tokenization of securities has emerged as the hot narrative of 2024, with BlackRock CEO Larry Fink popularising the phrase;
“The next generation of market is tokenized”
…StrikeX has been actively building for the tokenization revolution since 2021. Our stock token bridge leverages our POA network to mint and burn fully collateralised stock tokens, serving as a seamless link between our Traditional Finance (TradFi) partners and our blockchain-based ecosystem.
Milestones:
- Tokenization Module Development
- Integration with POA Network
- Integration with Broker-Dealer & Custodian
- Integration with StrikeX Wallet & trading platform
- Internal Testing
- Closed Beta
- Launch of Open Beta
STRX Token utility
STRX will be used to carry out all transactions across the stock token bridge.
Rebrand
Lastly, we have a significant branding overhaul underway as we move through our product roadmap that will see our product defined with their own individual styles and messaging.
Milestones:
- Updated Logos & Individual Branding
- New Websites to Align With Products
- Finally, Merch
— The StrikeX Team
Learn more about our company on strikex.com
About CMC Markets
CMC Markets Plc, whose shares are listed on the London Stock Exchange under the ticker CMCX , was established in 1989 and is now one of the world’s leading online financial trading businesses. The Group serves retail and institutional clients through regulated offices and branches in 12 countries and offers an award-winning, online, and mobile trading platform, enabling clients to trade up to 10,000 financial instruments across shares, indices, foreign currencies, commodities, and treasuries.
