Finance

Tokenize Xchange’s Development Arm Buys Blockchain Intelligence Firm Coinseeker for $30M

Titan Lab, the developer of Titan Chain, on which Tokenize runs, plans to incorporate Coinseeker's AI-powered analytics and ratings into its operations

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Titan Lab, the developer of Titan Chain, on which Tokenize runs, plans to incorporate Coinseeker’s AI-powered analytics and ratings into its operations

By Jamie Crawley|Edited by Parikshit Mishra

Updated Jan 21, 2025, 10:44 a.m. UTCPublished Jan 21, 2025, 10:38 a.m. UTC

What to know:

The development arm of Tokenize Xchange has acquired blockchain intelligence platform Coinseeker at a valuation of $30 million.Titan Lab plans to incorporate Coinseeker’s AI-powered analytics, ratings and other insights into its operations.Singapore-based Tokenize is a digital asset exchange serving retail and institutional clients with 24-hour trading volume of just over $250 million.

The development arm of Tokenize Xchange has acquired blockchain intelligence platform Coinseeker in a deal valued at $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

Jamie joined CoinDesk as a news reporter in February 2021 after writing widely about crypto and blockchain for two years in other roles. Away from crypto, Jamie runs a lot and loves all things sport. He holds small amounts of BTC, ETH, ADA and LTC.

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