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OPINIONS
An update on Tokenize Exchange.
Tan Choong Hwee
Edited 4d ago
Investor/Trader at Home
This Opinion post first appeared in my blog here: https://pwlcm.wordpress.com/2025/07/18/tokenize-exchange-is-ceasing-its-operations-in-singapore/
Disclaimer: This post is just for educational sharing purposes. Please do your own due diligence on any products mentioned in this post.
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Last night (17 July 2025) 9pm, I received an email from Tokenize Exchange. They announced that they will be ceasing their operations in Singapore.
Half an hour later, I received a second email detailing the disbursement of my total holdings, with the cryptocurrencies valued in SGD-equivalent on 18 July 2025 00:00am Singapore time. The payout schedule is structured based on total account value.
I took a snapshot of my crypto coin prices at 0:00am on 18 July 2025 and compare with that at the end of 30 June 2025:
All my coins went up by double digit % since end of June 2025, except TKX had dropped to nearly half the price. Overall crypto portfolio went up 10%.
Since I don't have another crypto exchange account nor cold wallet to store my crypto coins, I would likely be liquidating my crypto portfolio and taking cash instead. Will provide an update after Tokenize Exchange completes the disbursement of my holdings.
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Tan Choong Hwee
Edited 4d ago
Investor/Trader at Home
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