The development arm of Tokenize Xchange has acquired blockchain intelligence platform Coinseeker in a deal valued at $30 million.

Titan Lab, the developer of the 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 about 8.2% lower in the past 24 hours at $30.16, CoinDesk data shows, underperforming the broader market, which is down just over 6% as measured by the CoinDesk 20 Index (CD20).

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