Arkham Intelligence to Compete with Binance in Crypto Derivatives
Arkham Intelligence, backed by OpenAI's Sam Altman, is pivoting from blockchain analytics to launch a crypto derivatives exchange, aiming to compete with industry giant Binance. Set to launch in November, the exchange will target retail investors, a growing market segment.
Arkham is moving its operations to Punta Cana, Dominican Republic, and has onboarded experienced crypto trading executives. Competing with Binance, which handles billions in daily trading, won't be easy, but Arkham is positioning itself for the challenge.
However, navigating the complex regulatory landscape will be key to Arkham's success, especially in the U.S., where crypto exchanges face heavy scrutiny.
#SamAltman #OpenAI #ArkhamIntelligence #Write2Earn! #exchanges $ARKM