TechFlow News, February 11: According to CoinDesk, Arkham Intelligence, a blockchain data analytics platform, plans to shut down its cryptocurrency exchange, Arkham Exchange. Sources familiar with the matter indicated that the exchange failed to attract sufficient trading volume.
Arkham Intelligence first announced plans in October 2024 to establish a cryptocurrency derivatives exchange, aiming to compete with industry giants such as Binance for retail investors. By early 2025, Arkham Exchange had launched spot cryptocurrency trading services in multiple U.S. states and rolled out its mobile trading application in December. However, according to CoinGecko data, Arkham’s trading volume over the past 24 hours stood at approximately $620,000—far below Binance’s nearly $9 billion and Coinbase’s $2 billion daily trading volumes.
Founded in 2020, Arkham Intelligence currently boasts over 3 million registered users. Its investors include OpenAI CEO Sam Altman, Draper Associates, Binance Labs, and Bedrock.
