Blockchain analytics firm Arkham Intelligence has announced the launch of a cryptocurrency derivatives exchange aimed primarily at retail traders. This move comes as trading activity in the crypto derivatives market surges, with trading volume exceeding $3 trillion in September, a significant increase from $1.5 trillion a year earlier. The new exchange will compete with established platforms such as Binance and will incorporate Arkham’s research, along with live on-chain audits and proof-of-reserve features. Trading on the platform is set to begin next week, though it will not be accessible to users in the United States. Analysts expect an increase in crypto products following Donald Trump's recent election win, speculating that federal agencies may adopt a friendlier approach to the crypto sector. Arkham, notable for its blockchain transaction tracking tools, has also secured $12 million in funding from prominent investors including Sam Altman of OpenAI.

Source 🔗