Crypto Firm Arkham Intelligence Plans To Launch Derivatives Exchange Next Month: Report
Crypto analytics platform Arkham Intelligence is reportedly planning to launch its own derivatives exchange next month as a means of competing with crypto exchange giant Binance.
According to a new report by Bloomberg, an anonymous person familiar with the matter says that the market intelligence firm plans to launch the options exchange next month with the backing of key investors, such as OpenAI CEO and Worldcoin (WLD) founder Sam Altman.
The new exchange – which will not be open to customers in the US – aims to compete with the world’s largest crypto exchange platform by volume and will be operated via a Dominican Republic free-trade zone license, which it is still in the process of procuring.
According to the…
