The analytics firm Arkham Intelligence has refuted rumours regarding the closure of its trading platform. Instead of liquidation, the company is transforming the platform into a fully decentralized exchange. This was reported to Cointelegraph by Arkham’s CEO, Miguel Morel.
Earlier, media outlets circulated information about the company’s plans to wind down its business due to low liquidity. Morel clarified that it is a change of model, not a complete market exit.
“Centralized giants have become bloated and unresponsive to user demands. They have turned into a worse version of traditional finance, which they promised to improve,” stated the company’s head.
According to Morel, decentralized trading benefits from speed, low 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 US states, and in December, it released a mobile application. In November 2025, Arkham integrated the MoonPay service for purchasing cryptocurrencies with bank cards.
At the time of writing, the daily trading volume on Arkham Exchange is $704,225.
The native token ARKM is trading around $0.113, near its historical low of $0.1045. Over the week, the coin has depreciated by 15%.
Arkham Intelligence, founded in 2020, specializes in deanonymizing blockchain data. Its investors include OpenAI’s Sam Altman, venture firm Draper Associates, and Binance Labs.
Back in December 2025, Arkham Intelligence implemented on-chain activity tracking for the anonymous cryptocurrency ZEC.