Tokenize development arm Xchange has acquired blockchain intelligence platform Coinseeker in a deal valued at $30 million.
Titan Lab, the developer of Titan Chain, which Tokenize runs on, plans to integrate Coinseeker’s AI-driven analytics, valuations and other insights into its operations, according to an emailed announcement Tuesday.
Singapore-based Tokenize is a digital assets 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 down about 8.2% over the past 24 hours to $30.16, according to CoinDesk data, underperforming the broader market, which has fallen by just over 6%, as measured by the CoinDesk 20 Index (CD20).
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