TechFlow reported, according to The Block, Arkham Intelligence announced that its exchange, Arkham Exchange, will begin offering spot cryptocurrency trading to users in 17 U.S. states starting March 1.
This move was first announced by Arkham in November last year, following the launch of its USDT-based perpetual contracts exchange. Spot trading will be available to users in Colorado, Hawaii, Indiana, Iowa, Kansas, Michigan, New Hampshire, New Jersey, South Carolina, Tennessee, Utah, Virginia, Wyoming, Wisconsin, California, Massachusetts, and Montana.
According to data from The Block, with Arkham's launch, it will compete against other dollar-supported exchanges in a market dominated by Crypto.com and Coinbase, which together hold 85% of the market share.
