Arkham Intelligence Ventures into Crypto Trading with New Perpetuals Exchange Amid Trump Victory Rally
Blockchain analytics firm Arkham Intelligence announced today the launch of its new perpetual futures exchange, marking a significant expansion beyond its core analytics business. The platform, set to commence trading next week, comes as cryptocurrency markets surge following Donald Trump’s projected win in the U.S. presidential election.
The new exchange will feature live on-chain auditing capabilities and traceable proof-of-reserves, integrating with Arkham’s existing analytics suite to provide traders with comprehensive market research tools. While targeting retail traders globally, the platform will not be available to U.S. residents due to regulatory considerations.
The launch coincides with a broader surge in crypto derivatives trading, which exceeded $3 trillion in September, doubling from the previous year according to CCData. Arkham’s native token, ARKM, has responded positively to the announcement, climbing 27% in the past 24 hours.
Arkham’s expansion into trading represents a strategic pivot for the company, which has previously focused on blockchain transaction tracking and wallet identification services. The firm, backed by notable investors including OpenAI CEO Sam Altman and Peter Thiel, has raised $12 million to date.
The exchange will introduce a points system for traders, with VIP accounts eligible for a 10% bonus. Points can be redeemed for ARKM tokens after the first month of trading, though specific details about the redemption mechanism remain under wraps.
Market analysts suggest the timing of the launch could be advantageous, as Trump’s victory has sparked optimism in crypto markets. Federal agencies are expected to adopt a less hostile stance toward cryptocurrency under the incoming administration.
The platform’s debut follows Arkham’s controversial launch of the Intel Exchange last year, a marketplace for trading on-chain intelligence that drew both praise and criticism from the crypto community for its novel approach to information sharing.