Tokenize secures investment for Titan Chain from Animoca Brands

Animoca Brands has officially become the largest validator for Titan Chain.

Tokenize Xchange (Tokenize) has secured an investment in Titan Chain, Tokenize’s mainnet, from Animoca Brands.

Animoca Brands will invest in an undisclosed amount of TKX, Tokenize’s native token and the primary medium for gas fees in the Titan Chain ecosystem. 

In addition, Tokenize and Animoca Brands have established a partnership, with Animoca Brands supporting Tokenize through market-making, node validation, assisting in listing Tokenize’s TKX token and exploring partnership opportunities with Mocaverse and other projects within Animoca Brands' extensive portfolio of Web3 companies and projects. 

The partnership will provide advantages for Tokenize and its users, with Animoca Brands' market-making services set to enhance liquidity for TKX and other ecosystem tokens to improve their overall trading experience. 

It will also facilitate the development of new blockchain-integrated products, particularly in gaming and digital collectables.

Additionally, the partnership is expected to drive Tokenize’s community growth by tapping into Animoca Brands' portfolio of over 540 Web3 investments and its vast network of blockchain enthusiasts and gamers, further expanding Tokenize's reach and user base.

Titan Chain is built on the Cosmos SDK, offering full EVM compatibility and Ethereum interoperability. It is designed to address high transaction fees, scalability issues, and limited interoperability in existing networks.