The analytical company Arkham Intelligence has denied rumors about the closure of its trading platform. Instead of liquidation, the firm is transforming the platform into a fully decentralized exchange. This was reported to Cointelegraph by Arkham CEO Miguel Morel.
Earlier, the media spread information about the company's plans to wind down its business due to low liquidity. Morel clarified that this is about changing the model, not a complete exit from the market.
"Centralized giants have become bloated and have stopped responding to user requests. They have turned into a worse version of the traditional finance they promised to improve," said the head of the company.
According to Morel, decentralized trading wins due to 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 U.S. states, and in December released a mobile application. In November 2025, Arkham integrated the MoonPay service for purchasing cryptocurrencies with bank cards.
The native token $ARKM is trading around $0.113, hovering near its historical low ($0.1045). Over the week, the coin has dropped by 15%.

Arkham Intelligence was founded in 2020 and specializes in the de-anonymization of blockchain data. Among the investors in the startup are OpenAI head Sam Altman, venture firm Draper Associates, and the Binance Labs division.
Recall that in December 2025, Arkham Intelligence implemented tracking of on-chain activity in the anonymous cryptocurrency ZEC.

