Arkham Intelligence denies closure rumors, shifting to a decentralized exchange model and planning new launches for 2024.
Arkham Intelligence has refuted speculation regarding the shutdown of its trading platform, confirming instead a pivot to a decentralized exchange model. CEO Miguel Morel made this announcement in a recent interview with Cointelegraph.
Earlier reports suggested that Arkham was considering closing operations due to inadequate liquidity. Morel clarified that, rather than exiting the market, the company is evolving its business model.
“Centralized giants have become bloated and no longer respond to user demands. They have turned into a worse version of traditional finance, which they promised to improve,” Morel remarked.
The CEO highlighted the advantages of decentralized trading, which include enhanced speed, reduced fees, and the option for users to maintain custody of their assets.
Additionally, Arkham plans to launch a cryptocurrency derivatives exchange in 2024. The platform is set to begin spot trading in several U.S. states by 2025 and has already introduced a mobile app. In November 2025, Arkham integrated MoonPay, enabling users to buy cryptocurrencies via bank cards.
Currently, Arkham Exchange has a daily trading volume of approximately $704,225. The native token, ARKM, is trading at about $0.113, nearing its historical low of $0.1045, reflecting a 15% decline over the past week.
Founded in 2020, Arkham Intelligence focuses on de-anonymizing blockchain data and has attracted investments from notable figures and firms, including OpenAI CEO Sam Altman and Binance Labs. In December 2025, the company also began tracking on-chain activity for the anonymous cryptocurrency ZEC.
