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  • Arkham’s Token Soars 16% on Report Sam Altman-Backed Crypto Firm Plans Derivatives Exchange
  • Crypto

Arkham’s Token Soars 16% on Report Sam Altman-Backed Crypto Firm Plans Derivatives Exchange

cryptovert October 12, 2024 1 min read

The
crypto
derivatives
market
has
booked
$3
trillion
trading
volumes
last
month,
more
than
double
of
the
size
of
the
spot
market,
according
to
a

CCData

report.
The
implosion
of
FTX,
however,
dealt
a
significant
blow
to
the
sector,
while
market
leader
Binance’s

dominance

sank
to
a
four-year
in
September.


Arkham’s

platform
is
a
popular
tool
for
following
blockchain
transactions
and
identifying
entities
behind
crypto
wallets.
The
company
raised
$12
million
from
investors
including
OpenAI
CEO
and
founder
Sam
Altman,
big-name
VC
investors
Peter
Thiel
and
Tim
Draper,
and
major
crypto
companies
Coinbase,
Wintermute
and
Digital
Currency
Group
(DCG),
according
to

Crunchbase
‘s
database.

Continue Reading

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