Tokka Labs

What Tokka Labs does

Tokka Labs is a Singapore-based, DeFi-native proprietary trading firm founded in 2022 that builds on-chain trading infrastructure and provides liquidity across multiple decentralized finance primitives. Its core offering, branded as On-Chain Proprietary Trading, supplies deep liquidity on RFQ systems, intent-based protocols, automated market makers (AMMs), cross-chain bridges, and perpetual DEXes, with explicit positioning in high-volatility environments. The firm states it has deployed more than $50M in trading capital and processed over $5.5B in real-world asset (RWA) volume since 2025, while maintaining 160+ protocol and chain integrations.

The company's second product line, RWA x DeFi, partners with global asset issuers to bridge tokenized real-world asset pricing with on-chain settlement, exemplified by its role as a whitelisted market participant in the BlackRock BUIDL/UniswapX integration alongside Uniswap Labs and Securitize. A third pillar, Research & AI, combines internal research with industry and academic partnerships to inform liquidity, risk, and market design. Technology differentiation is described in terms of performance speed, integration/interoperability, and novel architectural approaches rather than named proprietary AI models or patents.

Tokka Labs generates revenue through transaction fees earned from market making and liquidity provision — spreads and fees on trades it facilitates as a whitelisted participant in institutional-grade DeFi frameworks and across its protocol integrations. The go-to-market is enterprise B2B, with direct engagement with DeFi protocols seeking liquidity partners and with RWA issuers exploring DeFi distribution. No public pricing, revenue figures, funding rounds, or management roster are disclosed in available sources.

Name

Tokka Labs

Legal name

Tokka Labs

Website

https://tokkalabs.com

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

11–50 employees

Short description

Tokka Labs is a Singapore-based DeFi proprietary trading firm that provides on-chain liquidity across RFQ, AMMs, perp DEXes, and cross-chain bridges, and bridges tokenized real-world assets into DeFi for global issuers.

Ownership category

akta.pro rank

Product category

Digital Asset Trading Services

NAICS

Commodity Contracts Intermediation (52316)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200)

akta.pro primary industry

Liquidity Management & Market-Making Protocols (FSADAMAH)

akta.pro secondary industries

DEX Aggregation & On-Chain Execution (routing, RFQ, intent-based trading) (FSAPAEAD), Institutional DeFi & On-Chain Liquidity Infrastructure (Permissioned DeFi, Lending) (FSAGAMAG), RWA Settlement, Transfer Agent & Lifecycle Management Infrastructure (FSADAEAN)

Keywords

• DeFi market making
• On-chain liquidity provision
• RWA tokenization
• Proprietary trading
• Cross-chain infrastructure

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Infrastructure

Revenue model

1. Market Making & Trading Fees: Tokka Labs operates as a whitelisted market participant in RFQ-based trading frameworks, generating revenue through trading spreads and fees from providing liquidity in on-chain markets including DeFi protocols and RWA tokenization settlements.
2. Liquidity Provision Services: Revenue derived from providing deep liquidity across RFQ, intent-based protocols, AMMs, cross-chain bridges and perpetual DEXes to protocols and institutional clients.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Tokka Labs is a DeFi-native proprietary trading firm that deploys capital and expertise to provide deep on-chain liquidity across RFQ frameworks, intent-based protocols, AMMs, cross-chain bridges, and perpetual DEXes. The firm bridges real-world asset (RWA) pricing with DeFi settlement infrastructure for tokenized assets and conducts research and AI-driven market design in collaboration with industry and academic partners.

Product overview

Tokka Labs operates as a unified DeFi infrastructure and trading services company offering three integrated capabilities: On-Chain Proprietary Trading (liquidity provision across RFQ, intent-based protocols, AMMs, cross-chain bridges, and perpetual DEXes), RWA x DeFi (tokenized asset settlement bridging real-world assets with DeFi), and Research & AI (market research and analytics through industry/academic partnerships). The company deploys expert strategies and resilient infrastructure to power efficient decentralized markets at scale, with $50M+ capital deployed and $5.5B+ RWA volume since 2025.

Differentiator

Problem solved

Functional benefit

Products and services

• On-Chain Proprietary Trading

Quantifiable outcome

• $5.5B+ RWA Volume since 2025
• +2 more outcomes

Named customers3 records

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Three partnerships are on record, tiered core.

• Uniswap LabscoreStrategic or Co-development Partner · 12 February 2026Tokka Labs serves as a whitelisted market participant in the UniswapX-based integration enabling BlackRock's BUIDL shares to trade via UniswapX technology, providing near-instant onchain liquidity for whitelisted investors 24/7. This is a flagship partnership positioning Tokka Labs in institutional DeFi infrastructure.
• SecuritizecoreStrategic or Co-development Partner · 12 February 2026Tokka Labs is a whitelisted market participant facilitating trading through Securitize Markets' RFQ framework for BlackRock's BUIDL, with atomic trade settlement through smart contracts.
• BlackRockcoreStrategic or Co-development Partner · 12 February 2026Tokka Labs provides liquidity services for BlackRock's USD Institutional Digital Liquidity Fund (BUIDL) shares trading on UniswapX, enabling whitelisted investors to access liquidity between BUIDL and USDC.

Scale indicators3 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Flowdesk: Institutional digital-asset liquidity provider operating across DeFi and CeFi. Directly comparable as a co-whitelisted market participant in the BUIDL RFQ framework and a head-to-head competitor for RWA and protocol liquidity mandates.
• Wintermute: One of the largest crypto-native market makers and liquidity providers across CeFi and DeFi venues. Directly comparable because it is co-whitelisted alongside Tokka Labs in the BlackRock BUIDL/Securitize RFQ framework and operates similar multi-venue market-making strategies.
• GSR Markets: Crypto-native market maker and liquidity provider across centralized and decentralized venues. Comparable because it competes for the same institutional DeFi and RWA liquidity mandates and operates similar multi-primitive trading strategies.
• Amber Group: Asia-headquartered (Singapore) digital-asset platform providing liquidity, trading, and structured products. Highly comparable given similar Singapore domicile, institutional focus, and overlap in DeFi and RWA liquidity provision.

Broad incumbents

• FalconX: Institutional digital-asset prime brokerage offering execution, credit, and market-making across spot and derivatives. Comparable as a larger incumbent serving similar institutional counterparties in DeFi and tokenized assets.
• Cumberland (DRW): Crypto trading arm of DRW, one of the most established institutional liquidity providers in digital assets. Comparable as a much larger incumbent competing for institutional flow and RWA trading relationships.
• Galaxy Digital: Diversified institutional crypto platform with trading, market making, asset management, and investment banking. Comparable as a broader incumbent competing for institutional RWA and DeFi mandates.
• B2C2: Institutional crypto liquidity provider and OTC market maker serving hedge funds, asset managers, and exchanges. Comparable as a larger incumbent in the institutional crypto liquidity space that competes for the same types of sophisticated counterparties.
• Jump Crypto: Crypto arm of Jump Trading Group, one of the largest and most capitalized proprietary trading firms in digital assets. Comparable as a much larger incumbent competing for institutional DeFi liquidity and RWA market-making mandates.

Emerging players

• Maven 11: Crypto-native market making and DeFi liquidity provider focused on DeFi-native venues and tokenized assets. Comparable as a similarly sized emerging competitor in DeFi market making and RWA liquidity.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/tokka-labs

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Tokka Labs