Arkham Intelligence Ventures into Spot Crypto Trading
Arkham Intelligence, a company well-regarded for its cryptocurrency exchange and market analysis expertise, is expanding its services with the launch of a spot trading platform. This new service is scheduled to launch on March 1 in seventeen U.S. states, including Colorado, Hawaii, Indiana, Iowa, Kansas, Michigan, New Hampshire, New Jersey, South Carolina, Tennessee, Utah, Virginia, Wyoming, Wisconsin, California, and Massachusetts.
Building on Momentum
This strategic move follows the company’s announcement in November 2024 and builds upon its recent launch of a USDT-based exchange for perpetual securities. By introducing spot trading, Arkham Intelligence aims to provide a more comprehensive suite of trading options, challenging the dominant market players who currently hold an estimated 85% market share.
Market Dynamics and Token Performance
The decision to broaden its trading services reflects Arkham Intelligence’s broader strategy to increase competition with established industry leaders like Crypto.com and Coinbase. The firm’s native token, ARKM, saw a short-term increase of 11.5%, reaching $0.69 over the past 24 hours. While this indicates positive momentum, the price remains significantly below its six-month high of approximately $2.63, which was recorded in December 2024.
Strengthening Security Collaborations
Further demonstrating its dedication to security, Arkham recently acknowledged a security researcher’s contribution by awarding ARKM tokens for identifying a crucial vulnerability related to a high-profile cyber-attack on a major crypto platform. This initiative highlights the company’s ongoing efforts to maintain a secure and reliable trading environment.
| Service Launch Date | March 1 |
| States Involved | Colorado, Hawaii, Indiana, Iowa, Kansas, Michigan, New Hampshire, New Jersey, South Carolina, Tennessee, Utah, Virginia, Wyoming, Wisconsin, California, Massachusetts, and one additional state removed for brevity |
| Recent Token Performance | +11.5% in 24 hours (current price: $0.69) |
| Previous Peak | $2.63 (December 2024) |
Through these forward-thinking steps, Arkham Intelligence is strategically repositioning itself within the competitive cryptocurrency market, aiming to blend advanced trading technology with improved security measures and wider market accessibility.
Maxwell Reed is the first editor of Cryptovista360. He loves technology and finance, which led him to crypto. With a background in computer science and journalism, he simplifies digital currency complexities with storytelling and humor. Maxwell began following crypto early, staying updated with blockchain trends. He enjoys coffee, exploring tech, and discussing finance’s future. His motto: “Stay curious and keep learning.” Enjoy the journey with us!