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

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).