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Blockchain data firm Arkham to launch derivatives exchange: Report

Blockchain data firm Arkham to launch derivatives exchange: Report

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Source: Coin Telegraph

Arkham Intelligence’s token, ARKM, is up more than 16% on the news, according to CoinGecko. 

Blockchain analytics firm Arkham Intelligence reportedly plans to launch a cryptocurrency derivatives exchange as soon as next month, according to a Bloomberg report. 

The exchange will target retail traders and compete with existing platforms such as Binance, Bloomberg said, citing a person familiar with the matter. 

Arkham is already reportedly in the process of obtaining a license in the Dominican Republic, where it plans to operate the exchange. 

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Author: Alex O’Donnell