Arkham Intelligence said to be shutting crypto trading platform as usage fails to sparkle

Data analytics steadfast Arkham Intel archetypal floated the thought of adding a crypto derivatives speech successful precocious 2024.

Feb 11, 2026, 9:22 a.m.

Arkham Exchange, the cryptocurrency trading level built by information analytics institution Arkham Intelligence, is closing down, according to a idiosyncratic acquainted with the matter.

Arkham, whose backers see OpenAI CEO Sam Altman, did not respond to requests for comment.

The company, which was founded successful 2020 and present boasts implicit 3 cardinal registered users, floated the thought of adding a crypto derivatives exchange backmost successful October 2024. The program was to vie with giants specified arsenic Binance for retail investors.

By aboriginal 2025, Arkham Exchange had added spot crypto trading successful a fig of U.S. states. But volumes look to person been a challenge, contempt the steadfast adding a mobile trading app successful December.

Binance, the largest crypto speech by volume, had astir $9 cardinal of regular trading, according to CoinGecko data. Coinbase (COIN), the No. 2, had $2 billion. Akrham recorded conscionable nether $620,000 successful the past 24 hours.

In summation to Altman, Arkham’s backers see Draper Associates, Binance Labs and Bedrock.

Arkham hosts its ain autochthonal crypto token, ARKM, which was trading astatine adjacent to $0.12 astatine the clip of writing.

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