Arkham Intelligence, a blockchain data analytics company, plans to launch a cryptocurrency derivatives exchange next month. The startup, backed by investors such as OpenAI founder Sam Altman, is relocating its operations from London and New York to Punta Cana in the Dominican Republic. The platform will target retail investors; however, access for clients from the USA will not be opened.
Founded in 2020, Arkham specializes in blockchain data analysis and the disclosure of identities and organizations conducting cryptocurrency transactions. The launch of the derivatives exchange will be the next step in the company’s development, aiming to take a place in the growing cryptocurrency market, particularly in the derivatives sector, which derives its value from underlying assets such as Bitcoin.
