Arkham Intelligence to Launch Spot Crypto Trading in the U.S. Next Week

Arkham Intelligence, a crypto exchange and analytics company, is expanding its services to include spot crypto trading, set to launch in 17 U.S. states on March 1.

This move follows the firm’s previous announcement from November 2024 and the recent introduction of its USDT-based perpetuals exchange.

Spot trading will be accessible to users in Colorado, Hawaii, Indiana, Iowa, Kansas, Michigan, New Hampshire, New Jersey, South Carolina, Tennessee, Utah, Virginia, Wyoming, Wisconsin, California, Massachusetts, and Montana.

By entering the spot trading space, Arkham aims to challenge major players like Crypto.com and Coinbase, who currently dominate the market with an 85% share.

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The company’s native token, ARKM, saw an 11.5% rise in the last 24 hours, reaching $0.69, though it remains far below its six-month peak of approximately $2.63 in December 2024.

Additionally, Arkham recently rewarded security researcher ZachXBT with 50,000 ARKM tokens for linking a $1.4 billion hack on Bybit to the North Korean hacking group Lazarus.

Alexander Zdravkov

Alexander has been working in the crypto industry for three years, during which time he has established himself through his active participation in monitoring market dynamics and technological innovations. His interest in cryptocurrencies and new technologies is not just a professional commitment, but a deep personal passion. He follows the news in the sector daily, analyzes trends, and is excited about every new step in the development of blockchain solutions. His enthusiasm drives him to continuously learn and share knowledge, as he sees the future in digital finance and its role in global transformation.