Tokenize Xchange has launched a new blockchain "Titan Chain" and established a $100 million TKX token funding program.

ChainCatcher news, according to GlobeNewswire, Singapore's cryptocurrency exchange Tokenize Xchange announced the launch of a new blockchain "Titan Chain" at Token2049. Titan Chain is a collaborative development between Tokenize Xchange and Titan Lab, designed as an innovative blockchain network based on the Cosmos SDK, ensuring compatibility with the Ethereum EVM.

In addition, Tokenize Xchange announced the launch of a $100 million TKX token funding program, the Titan Lab Grant, aimed at promoting innovation and development on Titan Chain, encouraging global developers to deploy projects on the platform, and also providing migration services to existing projects.

According to the cryptocurrency data platform RootData, Singapore's cryptocurrency exchange Tokenize Xchange completed a $11.5 million Series A funding round in March this year.