Arkham Intelligence has dismissed rumors about the closure of its trading platform. Instead of shutting down, the company is transforming the platform into a fully decentralized exchange. This was confirmed by CEO Miguel Morel in an interview with Cointelegraph.
Previously, media outlets reported that the company planned to shut down its business due to low liquidity. Morel clarified that this is a shift in model rather than a complete exit from the market.
“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,” stated the company head.
According to Morel, decentralized trading benefits from speed, lower fees, and the ability to self-custody assets.
The company announced the launch of a cryptocurrency derivatives exchange in 2024. In 2025, the platform opened spot trading in several U.S. states, and in December released a mobile app. In November 2025, Arkham integrated the MoonPay service for purchasing cryptocurrencies with bank cards.
As of this writing, the daily trading volume on Arkham Exchange is $704,225.
Source: CoinGecko.The native token ARKM is trading around $0.113, close to its historical low of $0.1045. Over the past week, the coin has decreased by 15%.
15-minute chart of ARKM/USDT on Binance. Source: TradingView.Founded in 2020, Arkham Intelligence specializes in de-anonymizing blockchain data. Investors in the startup include OpenAI CEO Sam Altman, venture firm Draper Associates, and Binance Labs.
Recall that in December 2025, Arkham Intelligence implemented tracking of on-chain activity in the anonymous cryptocurrency ZEC.