Tokenize Xchange Acquires Blockchain Platform Coinseeker for $30 Million
Brief news summary
Tokenize Xchange's development arm has acquired blockchain intelligence platform Coinseeker for $30 million. Titan Lab, the creator of Titan Chain, which powers Tokenize, aims to integrate Coinseeker’s AI-driven analytics, ratings, and insights into its operations, as stated in an announcement on Tuesday. Tokenize, headquartered in Singapore, operates as a digital asset exchange catering to both retail and institutional clients, boasting a 24-hour trading volume exceeding $250 million, per CoinGecko's data. Currently, Tokenize's native token, TKX, has experienced a decline of approximately 8.2% over the past 24 hours, trading at $30.16. This performance lags behind the broader market, which has seen a drop of just over 6%, according to the CoinDesk 20 Index (CD20).The development division of Tokenize Xchange has bought the blockchain intelligence platform Coinseeker in a deal worth $30 million. Titan Lab, the creator of Titan Chain—which powers Tokenize—intends to integrate Coinseeker's AI-driven analytics, ratings, and other insights into its operations, as stated in an announcement sent via email on Tuesday. Based in Singapore, Tokenize is a digital asset exchange catering to both retail and institutional clients, boasting a 24-hour trading volume of slightly over $250 million, according to CoinGecko. Tokenize's native token, TKX, is currently trading approximately 8. 2% lower in the past 24 hours at $30. 16, as reported by CoinDesk, lagging behind the overall market, which has decreased by just over 6%, based on the CoinDesk 20 Index (CD20).
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Tokenize Xchange Acquires Blockchain Platform Coinseeker for $30 Million
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