Arkham Intelligence Plans to Launch Its Own Crypto Derivatives Exchange Next Month, Targets Retail Investors

Arkham Intelligence is looking to launch its own crypto derivatives exchange next month, Bloomberg News reported on Oct. 11, citing sources familiar with the

Crypto derivatives exchange Arkham Intelligence is reportedly planning to launch its own platform next month, a move that could further propel the already-surging ARKM token.

According to sources close to the matter, Arkham is setting up shop in Punta Cana, Dominican Republic, to house its new platform. The firm is said to be aiming for a free-trade zone license in the country, which would offer tax and fiscal benefits.

The sources told Bloomberg that the exchange will cater primarily to retail investors and will be barred from serving US customers. They also revealed that Arkham has been building infrastructure for the exchange over the past year, with the aim of competing with established derivatives exchanges like Binance, Bybit, and OKX.

Arkham is also reportedly seeking up to $100 million in funding from Middle Eastern investors to expand its reach.

The derivatives exchange venture is setting its sights on a lucrative market. Crypto futures and options have exploded in popularity over the past few years to become the biggest market in the crypto industry by volume.

Crypto perpetuals derivatives clocked nearly $3.5 trillion in volume through centralized platforms in September, data from Coinglass shows.

This dwarfs the roughly $1.1 trillion in volume registered by the spot market across centralized and decentralized platforms, and the 133 billion in volume from DEXs, according to the data.

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