Tokenize Xchange Targets Taiwan Market with FSC License Application and R&D Hub Expansion
Tokenize
Xchange
(Tokenize),
a
Singapore-based
cryptocurrency
exchange,
has
announced
plans
to
expand
into
Taiwan
with
a
formal
license
application
to
Taiwan’s
Financial
Supervisory
Commission
(FSC)
in
January
2025.
This
initiative
marks
a
critical
milestone
in
Tokenize’s
mission
to
establish
itself
as
a
trusted,
regulated
cryptocurrency
platform
in
Southeast
Asia
and
aligns
with
its
ambitious
regional
growth
plan.
The
application
will
enable
Tokenize
to
operate
legally
in
Taiwan,
tapping
into
its
growing
crypto
market
while
ensuring
full
regulatory
compliance.
As
part
of
the
expansion,
Tokenize
aims
to
double
its
Taipei-based
R&D
team
from
20
to
50
employees
by
mid-2025.
This
expanded
R&D
hub
will
play
a
vital
role
in
supporting
the
platform’s
growing
user
base
across
Southeast
Asia
and
advancing
blockchain
innovation
through
its
proprietary
Titan
Chain.
Built
with
Cosmos
SDK
and
EVM
compatibility,
Titan
Chain
addresses
challenges
such
as
high
transaction
fees
and
scalability,
empowering
developers
with
efficient,
interoperable
tools.
“Taiwan
is
more
than
just
a
strategic
market
for
Tokenize—it’s
an
opportunity
to
set
new
standards
in
blockchain
innovation
and
regulatory
excellence,”
said
Hong
Qi
Yu,
Founder
and
CEO
of
Tokenize
Xchange.
“Our
expanded
R&D
center
in
Taipei
will
not
only
enhance
our
ability
to
support
the
growing
demands
of
crypto
users
but
also
drive
groundbreaking
advancements
with
Titan
Chain.”
The
30
additional
R&D
jobs
to
be
created
through
this
expansion
will
support
the
Taiwan
government’s
efforts
to
position
the
country
as
a
leader
in
the
digital
economy.
With
a
Digital
Asset
Exchange
license
from
Malaysia’s
Securities
Commission
and
regulatory
exemption
in
Singapore,
the
company
seeks
to
strengthen
its
foothold
across
Southeast
Asia.
With
established
operations
in
Singapore,
Malaysia,
and
Vietnam,
the
inclusion
of
Taiwan
strengthens
Tokenize’s
regional
network,
enabling
the
delivery
of
secure,
innovative,
and
compliant
solutions
tailored
to
the
diverse
needs
of
Southeast
Asian
investors.
About
Tokenize
Xchange
Headquartered
in
Singapore
with
branches
in
key
Asian
markets,
Tokenize
Xchange
is
a
premier
digital
asset
exchange
platform.
It
offers
a
secure,
user-friendly
platform
for
trading
a
wide
array
of
cryptocurrencies,
serving
individual
and
institutional
investors.
Emphasizing
innovation,
customer
service,
and
compliance,
Tokenize
Xchange
leads
in
shaping
the
future
of
finance
globally.
Its
native
token,
TKX,
and
its
mainnet,
Titan
Chain,
are
at
the
forefront
of
blockchain
technology,
offering
interoperability
with
the
Ethereum
network.
For
more
information,
visit https://tokenize.exchange
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