Arkham Intelligence, a blockchain data analytics company backed by OpenAI’s Sam Altman, has hinted at the launch of a derivatives exchange in November.
The company plans to close its offices in London and New York and relocate its headquarters to Punta Cana (Dominican Republic) to take advantage of the free trade zone.
Sources report that the new derivatives exchange will be focused on retail investors and will offer a user-friendly platform with competitive features to rival existing market giants. However, the exchange will not be available to U.S. investors due to regulatory restrictions.
The launch of Arkham's derivatives exchange is a response to the growth of the crypto market and opens opportunities for new players after the collapse of FTX.
