Arkham Intelligence, the market analytics platform, is jumping into the crypto exchange game. They’re launching a new spot trading exchange in the US, possibly as early as next week!
US Rollout Details
However, there’s a catch. Not all US users will get immediate access. Arkham says access will depend on local regulations, meaning some states might have to wait for full regulatory approval before they can join.
From Intelligence to Exchange
This isn’t Arkham’s first foray into the exchange world. Last October, they announced plans for a derivatives exchange, aiming to compete with giants like Binance. Rumor has it they’re investing heavily in building the necessary tech and are seeking significant funding. Sources mentioned a potential $100 million investment round with Middle Eastern investors. Interestingly, Sam Altman, CEO of OpenAI, is also an investor.
ARKM Token
Arkham’s native token, ARKM, is currently trading around $2.09, giving it a market cap of $663 million.
Disclaimer: This information is for general knowledge only and is not financial advice. Always do your own research before investing in cryptocurrencies. Investing in crypto is risky, and you could lose money.
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