**🚀 Arkham Intelligence's Token Soars Amid Crypto Derivatives Exchange Plans**
Arkham Intelligence's token (ARKM) surged 16% on Friday following reports of the company's plans to launch a crypto derivatives exchange next month. The new trading venue aims to attract retail users and compete with giants like Binance.
- **Relocation:** Arkham has moved from London and New York to the Dominican Republic, where it’s securing a license for the new marketplace.
- **Market Impact:** The crypto derivatives market saw $3 trillion in trading volume last month, despite challenges like FTX's collapse.
- **Investment:** Arkham has raised $12 million from notable investors including Sam Altman and Peter Thiel.
- **Sports Sponsorship:** Arkham recently sponsored Turkish football club Galatasaray.
What do you think about Arkham's move to the Caribbean and its new exchange plans? Share your thoughts in the comments!