Titan Lab, the blockchain development arm of the Singapore-based digital asset platform Tokenize Xchange, has acquired blockchain venture intelligence startup Coinseeker in a deal valuing the company at $30 million.
The acquisition will see Coinseeker’s AI-powered analytics, project ratings, and market insights integrated into Titan Chain – Titan Lab’s blockchain infrastructure – to bolster support for project founders and institutional investors.
Coinseeker, founded in May 2023, had previously raised $1 million in a seed round from TRIVE Digital, Presto Labs, and Aquanow Digital. It leverages advanced AI-driven technology to aggregate, validate, and index private market deal intelligence within the blockchain ecosystem.
Tokenize Exchange, on the other hand, issued new ordinary shares worth $4 million to a special-purpose vehicle backed by several high-net-worth individuals in September, DealStreetAsia’s DATA VANTAGE shows.
Tokenize Xchange CEO and Founder Hong Qi Yu said the acquisition will help create a more robust environment for blockchain startups, while Coinseeker Co-Founder Jon Ren called the deal “a major milestone” that will enable wider-scale solutions for users.
Coinseeker’s AI-powered platform and intelligent agent excel in analyzing blockchain startups, tracking funding trends, and generating Web3 and DeFi market insights, Hong said.
“By integrating Coinseeker, Titan Lab can offer a one-stop platform for trading, project discovery, and DeFi investment insights,” Hong told DealStreetAsia.
Titan Lab’ next steps focus on seamlessly integrating Coinseeker into the Titan Chain ecosystem.
This year will be a pivotal year for Tokenize Xchange and Titan Lab, with new product launches, expanded project pipelines, more strategic partnerships, and potential acquisitions, Hong added.
“The integration of CeDeFi solutions and AI-driven tools will enhance the ecosystem, combining the best of centralized and decentralized finance with advanced AI capabilities. This will provide users with a comprehensive, end-to-end experience while supporting the growth of new blockchain ventures and the community,” he said.
The acquisition comes as blockchain’s momentum continued to accelerate in 2024, propelled by the resurgence of decentralised finance (DeFi) projects within fintech and growing adoption across enterprise software, according to DealStreetAsia’s Conference Report titled Mapping SEA & Indonesia’s 2024 Journey.
DeFi initiatives drove fintech funding to $1.68 billion, or 36.8% of the region’s total investment—up from 20.3% in 2023—indicating rising investor confidence in blockchain-based financial solutions.
Meanwhile, enterprise software and IT startups are integrating blockchain into core operations at an unprecedented rate, recording 66 deals in 2024—a 40.4% year-on-year increase—with 82.8% of those ventures leveraging blockchain technology.
