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Singapore’s crypto exchange Tokenize secures funding from Animoca Brands for its blockchain

Cryptocurrency exchange Tokenize Xchange has received funding from Animoca Brands to launch its own blockchain network called "Titan Chain." Animoca Brands will invest in Tokenize's native token, TKX, and provide market-making services to improve liquidity and trading efficiency within the ecosystem. Additionally, Animoca Brands will become the largest validator for Titan Chain. This partnership is expected to enhance Tokenize's ability to innovate in areas such as DeFi, GameFi, and NFTs. Tokenize Xchange operates under regulatory exemptions in Singapore and holds a Digital Asset Exchange license in Malaysia.

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