Arkham Intelligence Prepares U.S. Launch for Spot Trading Platform
21.11.2024 21:30 1 min. read Kostadin Dimitrov
Arkham Intelligence, a leading crypto analytics platform, is preparing to debut a spot trading exchange in the U.S.
The platform announced its plans on social media, revealing that the launch is expected as early as next week. However, not all U.S. users will gain immediate access, as regulatory compliance in specific states is still pending.
The company clarified that access will depend on local regulations, stating, “Users in the United States will only be onboarded when legally permitted in their state or country.”
This move follows Arkham’s October announcement of its intention to launch a derivatives exchange, a direct challenge to industry giant Binance. Insiders reported that Arkham has been developing its own trading technology and infrastructure, with fundraising efforts underway to secure $100 million from Middle Eastern investors.
Since its founding in 2020, Arkham has garnered backing from prominent figures, including OpenAI CEO Sam Altman, who is also the creator of the identity-focused project Worldcoin (WLD).
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