Tokenize Xchange Bolsters Leadership Team with Strategic Hire Amid Rapid Growth

(July
31,
2024)—
Tokenize
Xchange,
a
leading
digital
asset
exchange
headquartered
in
Singapore,
today
announced
the
appointment
of
Carney
Mak
as
Chief
Strategy
Officer.
This
key
addition
to
the
leadership
team
comes
as
the
company
rides
a
wave
of
expansion
fueled
by
recent
fundraising
success.

Mak,
a
veteran
in
the
fintech
and
cryptocurrency
space,
joins
Tokenize
Xchange
at
a
crucial
juncture.
The
company
recently
secured
an
additional
US$11.5
million
in
Series
A
Phase
2
funding,
bringing
the
total
Series
A
to
an
impressive
US$23
million.
Mak’s
expertise
is
set
to
catalyze
Tokenize’s
ambitious
growth
plans.

“Carney’s
appointment
is
a
game-changer
for
us,”
said
Hong
Qi
Yu,
Founder
and
CEO
of
Tokenize
Xchange. “His
strategic
vision
and
deep
industry
knowledge
are
exactly
what
we
need
as
we
navigate
the
complex,
evolving
landscape
of
digital
assets
in
Southeast
Asia.”

Mak
brings
a
wealth
of
experience
to
the
role,
having
previously
spearheaded
fintech
and
cryptocurrency
ventures
at
FXHB
Asset
Management.
His
track
record
of
innovation
and
leadership
in
banking
and
payments
positions
him
perfectly
to
steer
Tokenize’s
strategic
initiatives.

 “Joining
Tokenize
Xchange
feels
like
catching
a
rocket
mid-flight,”
Mak
enthused. “The
company’s
recent
funding
success
and
its
commitment
to
regulatory
excellence
create
a
perfect
launchpad
for
innovation.
I’m
thrilled
to
help
shape
the
future
of
digital
asset
trading
in
this
region.”

Mak’s
arrival
coincides
with
Tokenize’s
aggressive
expansion
plans.
The
company
aims
to
expand
its
Singapore
team
and
focus
on
enhancing
compliance
and
operations.
This
growth
strategy
reflects
Tokenize’s
commitment
to
fostering
trust
and
transparency
in
the
digital
asset
ecosystem,
which
is
particularly
crucial
in
light
of
recent
sector-wide
challenges.

With
a
strong
presence
across
Southeast
Asia,
Tokenize
Xchange
has
established
itself
as
a
regional
leader
in
digital
asset
trading.
The
company’s
proactive
approach
to
regulation
distinguishes
it
in
a
rapidly
evolving
landscape.
Tokenize
operates
under
an
exemption
from
the
Monetary
Authority
of
Singapore
and
has
already
received
approval
from
the
Securities
Commission
Malaysia,
where
it
stands
as
the
country’s
second-largest
digital
asset
exchange.
The
company
is
actively
pursuing
similar
licenses
in
other
Southeast
Asian
jurisdictions.
This
multi-jurisdictional
strategy
underscores
Tokenize’s
dedication
to
regulatory
excellence
and
its
ambition
to
set
new
benchmarks
for
secure,
transparent,
and
compliant
digital
asset
trading
in
the
region.

Mak’s
role
will
be
pivotal
in
leveraging
these
strengths.
His
mandate
includes
spearheading
Tokenize’s
strategic
initiatives
across
the
Asia-Pacific
region,
driving
innovation
while
ensuring
alignment
with
the
company’s
commitment
to
regulatory
excellence.

“The
digital
asset
space
is
at
a
critical
inflection
point,”
Mak
noted.
“Tokenize
Xchange
has
the
vision,
the
backing,
and
now
the
expanded
leadership
to
not
just
participate
in
this
new
era
but
define
it.
I’m
excited
to
roll
up
my
sleeves
and
get
to
work.”

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
cryptocurrencies,
serving
individual
and
institutional
investors.
Emphasizing
innovation,
customer
service,
and
compliance,
Tokenize
Xchange
leads
in
shaping
the
future
of
finance
globally.
Its
proprietary
token,
TKX,
enjoys
robust
trading
on
major
digital
asset
exchanges
worldwide.

For
more
information,
visit

https://tokenize.exchange/