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Tokenize xchange

Tokenize Xchange (TKX)

Tokenize Xchange is an online digital asset exchange platform founded by Hong Qi Yu. The platform provides fiat-to-digital asset pairings and offers a range of products to bridge the gap between traditional currencies and cryptocurrencies. The platform's token, known as TKX, is an ERC-20 token that operates on the Ethereum blockchain, enabling token holders to participate in voting on the platform.

Overview

Founded in 2017 by Hong Qi Yu, Tokenize Xchange initially utilized the Ethereum blockchain for its TKX token. As transaction volumes grew, the team developed the Titan blockchain, integrating artificial intelligence to enhance security and operational efficiency by identifying fraudulent activities and reducing human errors.

History

Ticker TKX
Category Exchange-based Tokens
Website https://tokenize.exchange/
Twitter @TokenizeXchange
Telegram tkxannoucement
Contract Addresses
ethereum 0x66...88Copied!

Based in Singapore, Tokenize Xchange operates under an exemption as it awaits its digital assets license. It holds a license in Malaysia and aims to secure licenses in Thailand and Indonesia. The platform raised $11.5 million in Series A funding in late 2022 to support its expansion plans. Tokenize Xchange was created to lower the entry barriers for new users and simplify the complexities of digital asset exchanges. It offers various services, including digital exchange, IEO platforms, merchant solutions, and educational resources. In 2022, the platform announced support for Elimint, an NFT platform empowering creators and collectors.

In January 2023, Tokenize Xchange introduced a new brand identity to enhance user experience. By April 2023, it supported Arbitrum (ARB) trading, and in May, it facilitated Gala Games' GALA migration. In September 2023, it announced support for PayPal USD (PYUSD) and Pendle (PENDLE).

Features

Tokenize Xchange offers a variety of features designed to enhance user experience:

  • Cross-chain trading: Peer-to-peer cross-blockchain exchange.
  • Optimized trading: Matches optimal buy and sell prices with limited order monitoring.
  • Lightning speed trading: Immediate deposit and withdrawal transactions.
  • Market access: Users can browse all marketplace listings.
  • Wallet functionality: Enables digital currency deposits and withdrawals.
  • Order book access: Users can view all bid and ask orders.
  • Order management: Monitors outstanding and fulfilled orders.

Tokenomics

The TKX token plays a crucial role in the Tokenize Xchange ecosystem with several utilities:

  • Trade fees: Users benefit from reduced trading fees by using TKX.
  • IEO platform access: TKX is used for listing tokens and participating in ICO projects.
  • Mining: TKX allows entry to the Tokenize Mining pool and subscription-based access to the mining ecosystem.

Titan

Titan is Tokenize Xchange's proprietary blockchain, developed to accommodate the platform’s growing user base. It is an Ethereum Virtual Machine (EVM)-compatible blockchain built on the Cosmos SDK. Titan offers a secure and scalable platform for smart contracts and decentralized applications, leveraging Cosmos for interoperability and modularity.

Features

Key features of Titan include:

  • EVM Compatibility: Facilitates easy deployment of existing Ethereum smart contracts.
  • Tendermint Core: Provides high performance and low energy consumption.
  • Staking and Governance: Enables network security and stakeholder participation.
  • IBC Protocol: Supports asset transfers and communication with other Cosmos-based chains.

Use cases

Titan supports various applications:

  • Decentralized finance (DeFi): Hosts DeFi applications like DEXs and lending platforms.
  • Non-fungible tokens (NFTs): Suitable for NFT marketplaces and digital art platforms.
  • Supply chain management: Enhances transparency and traceability.
  • Data management: Empowers individuals to control their data.

Team

The Tokenize Xchange team comprises skilled professionals:

  • Hong Qi Yu: Founder, CEO, and CTO
  • Erin Koo: Chief Operating Officer
  • Justin Theo: Business Manager
  • Jess Lu: Community & PR Manager
  • Rouli Shen: Senior Account Executive
  • Zoey Phay: Senior Business Executive
  • Darren Koh: Marketing Associate
  • Travis Teo: Business Associate
  • Alson Chia: Marketing Associate