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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
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.
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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).
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Sky's Keel Starts $500M Investment Campaign to Boost RWAs on Solana
The Tokenization Regatta aims to allocate funds and support to projects bringing tokenized real-world assets to the Solana network.
What to know:
- Keel has launched a $500 million campaign to attract real-world assets (RWAs) to the Solana network.
- The initiative, called the Tokenization Regatta, offers capital allocation and support to selected projects issuing tokenized assets on Solana.
- More than 40 institutions have shown interest, Keel contributor Cian Breathnach said.
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