Tokenize Xchange’s development arm 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 AI-based analytics, ratings and other insights from Coinseeker into its operations, according to an emailed announcement on Tuesday.
Singapore-based Tokenize is a digital asset exchange serving retail and institutional clients with a 24-hour trading volume of just over $250 million, according to CoinGecko.
Tokenize’s native token TKX is trading about 8.2% lower over the past 24 hours at $30.16, CoinDesk data shows, underperforming the broader market, which has fallen little more than 6%, as measured by the CoinDesk 20 (CD20) index.
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