{"id":93500,"date":"2024-09-16T17:38:33","date_gmt":"2024-09-16T21:38:33","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=93500"},"modified":"2024-09-16T17:50:04","modified_gmt":"2024-09-16T21:50:04","slug":"tokenize-xchange-announces-partnership-with-animoca-brands","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/tokenize-xchange-announces-partnership-with-animoca-brands\/","title":{"rendered":"Tokenize Xchange Announces Partnership with Animoca Brands"},"content":{"rendered":"\n

Tokenize Xchange received funding from Animoca Brands to introduce “Titan Chain,” a proprietary blockchain network<\/a>.<\/p>\n\n\n\n

\"Tokenize
Tokenize Xchange Announces Partnership with Animoca Brands<\/figcaption><\/figure>\n\n\n\n

Tokenize Xchange, a cryptocurrency exchange based in Southeast Asia, has received a significant boost for its Titan Chain blockchain network from Animoca Brands, a game software and venture capital company based in Hong Kong. <\/p>\n\n\n\n

Animoca Brands, a company well-known for its forays into the web3 and blockchain gaming spaces<\/a>, revealed in a press release on September 16 that it would invest in Tokenize's native token, TKX, and offer market-making services to enhance the liquidity and efficiency of trading TKX and other tokens in the ecosystem. <\/p>\n\n\n\n

However, the investment's total sum remained undisclosed. According to the press release, Animoca Brands will also use the funding to become Titan Chain's largest validator. <\/p>\n\n\n\n

Titan Chain is a blockchain network developed using the Cosmos SDK and fully supports the Ethereum Virtual Machine\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a>.\u00a0<\/p>\n\n\n\n

The investment's strategic significance was underlined by Tokenize creator Hong Qi Yu, who claimed that the collaboration will “significantly enhance our ability to innovate across DeFi, GameFi, and NFTs.” <\/p>\n\n\n\n

Established in 2017, Tokenize is based in Singapore and functions under regulatory exemptions granted by the Monetary Authority of Singapore<\/a>. <\/p>\n\n\n\n

The Malaysian Securities Commission has granted it a complete license to operate as a digital asset exchange. Trive Capital provided $11.5 million in Series A funding for the exchange in March.<\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Tokenize Xchange received funding from Animoca Brands to introduce “Titan Chain,” a proprietary blockchain network. Tokenize Xchange, a cryptocurrency exchange based in Southeast Asia, has received a significant boost for its Titan Chain blockchain network from Animoca Brands, a game software and venture capital company based in Hong Kong. Animoca Brands, a company well-known for […]<\/p>\n","protected":false},"author":43,"featured_media":93501,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[32],"tags":[5023,2119,21856],"class_list":["post-93500","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-exchange-news","tag-animoca-brands","tag-funds","tag-tokenize-xchange"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/09\/croc_1726519070288.jpeg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/93500","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/43"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=93500"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/93500\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/93501"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=93500"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=93500"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=93500"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}