January 23, 2025
By Our Correspondent
Titan Lab, the blockchain development arm of Singapore’s digital asset platform Tokenize Xchange, has announced its acquisition of Coinseeker.
This acquisition, valued at $30 million, merges Titan Lab’s blockchain solutions with Coinseeker’s AI-enhanced blockchain venture intelligence and incubation services. By incorporating Coinseeker’s AI-driven analytics, project evaluations, and actionable insights,
Titan Chain seeks to equip blockchain project founders with exclusive tools and strategic operational assistance. These advancements will enable founders to pinpoint profitable market opportunities and provide competitive solutions. Last year, Titan Lab launched the Titan Lab Grant, a $100 million funding initiative aimed at fostering innovation and development on the Titan Chain.
Coinseeker also secured $1 million in seed funding from contributors such as TRIVE Digital, Presto Labs, and Aquanow Digital. Its partnerships extend to organizations like DFINITY Foundation, Pixelmon, and TABEI. With the acquisition of Coinseeker, Titan Lab establishes itself as a frontrunner in blockchain innovation.
“The acquisition of Coinseeker marks a pivotal advancement for the Titan Chain ecosystem,” stated Hong Qi Yu, CEO and founder of Tokenize Xchange. “By integrating their expertise and resources, we are moving closer to establishing a blockchain environment that empowers both project founders and institutional users. This is merely the beginning of our collaborative potential,” Hong remarked.
Recently, Tokenize announced its intention to expand into Taiwan by submitting a formal license application to Taiwan’s Financial Supervisory Commission (FSC). This license will enable Tokenize to operate legally in Taiwan while ensuring compliance with local regulations and exploring new growth avenues. As part of its expansion plan, Tokenize aims to increase its Taipei-based research and development (R&D) team by 150%, growing from 20 to 50 employees by mid-2025.