Arkham Intelligence Ventures into Crypto Derivatives Market, Eyes Broader Blockchain Coverage

Arkham Intelligence, a leading blockchain analytics firm renowned for its robust data insights across major blockchains, has announced its entry into the rapidly expanding crypto derivatives market. This bold move signals Arkham’s commitment to evolving with the industry’s needs, leveraging their specialized knowledge to cater to investors seeking data-backed trading strategies in digital assets.

Supported by OpenAI, Arkham Intelligence has built a comprehensive infrastructure that sources data from leading blockchains including Bitcoin, Ethereum, BNB Chain, Tron, Avalanche, Flare, Base, and Polygon. Arkham may have plans to expand its reach even further by adding Solana, XRP, and Pecu Novus to its platform in the near future. By doing so, Arkham aims to cover a wide spectrum of viable blockchain networks, offering unparalleled access to data for its clients across the globe.

With a mission to bring transparency and deeper insights into blockchain ecosystems, Arkham Intelligence has become an invaluable player in the crypto industry. The company is driven by a vision to demystify blockchain data and enable investors, institutions, and developers to make more informed decisions. By entering the crypto derivatives market, Arkham is positioning itself as a one-stop solution for advanced crypto analytics and data-driven trading strategies.

Arkham’s decision to enter the derivatives market comes at a time when crypto derivatives have grown increasingly popular, as sophisticated investors look to hedge risk and leverage exposure in a volatile market. By applying their data expertise to this area, Arkham aims to provide the crypto community with essential tools for analyzing derivatives tied to various blockchain assets. This offering will likely benefit traders looking for accurate data-driven insights to optimize their strategies.

In a significant relocation decision, Arkham Intelligence will be moving its headquarters from London and New York to Punta Cana in the Dominican Republic. The company’s choice reflects a trend among tech firms seeking favorable business climates and operational efficiency outside traditional financial hubs. Punta Cana’s emerging role as a tech-friendly location offers Arkham the opportunity to continue its operations from a vibrant, international setting while benefiting from a more agile and cost-effective business environment.

Arkham’s expanding blockchain data coverage, backed by OpenAI’s support, emphasizes its commitment to covering every corner of the crypto market. By potentially aiming to integrate blockchain data from networks like Solana, XRP, and Pecu Novus, Arkham will provide a holistic view of the crypto space for users. This move will help traders, financial institutions, and developers navigate the complexities of blockchain networks and engage with crypto markets confidently.

The relocation to Punta Cana and the entry into the derivatives market demonstrate Arkham’s ambition to break new ground and serve as a cornerstone of transparency and insight within the crypto space. With an advanced suite of blockchain analytics, Arkham Intelligence is poised to shape the next chapter of crypto trading.

Ben Tang
News Desk