Arkham Intelligence Set to Launch Crypto Derivatives Exchange, Report Reveals

Arkham Intelligence is set to launch a crypto derivatives exchange in November, according to a source speaking to Bloomberg.

The company, known for its multi-blockchain monitoring tool Arkham Intel, is relocating its headquarters from London and New York to Punta Cana. Founded in 2020, Arkham has gained popularity among blockchain analysts and journalists for its extensive network coverage.

The firm also offers the ARKM token, which has a market cap of $493 million. While ARKM is down 2.3% today, it has risen 21.2% over the past week amid speculation about the upcoming derivatives platform. Arkham Intel provides on-chain insights for multiple networks. Tracking entities such as Bitcoin ETFs and notable individuals in the crypto space.

Clever Robot News Desk 15th October 2024

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