Tokenize Xchange’s Development Arm Acquires Blockchain Intelligence Platform Coinseeker

Tokenize Xchange’s Development Arm Acquires Blockchain Intelligence Platform Coinseeker

The development arm of Tokenize Xchange has acquired blockchain intelligence platform Coinseeker at a valuation of $30 million.

Titan Lab, the developer of Titan Chain, on which Tokenize runs, plans to incorporate Coinseeker’s AI-powered analytics, ratings and other insights into its operations, according to an emailed announcement on Tuesday.

Singapore-based Tokenize is a digital asset exchange serving retail and institutional clients with 24-hour trading volume of just over $250 million, according to CoinGecko.

Tokenize’s native token TKX is trading around 8.2% lower in the last 24 hours at $30.16, CoinDesk data show, underperforming the broader market, which has fallen just over 6%, as measured by the CoinDesk 20 Index (CD20).

Read More: Crypto Bank Sygum Gets Unicorn Status With $58M Round


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