Arkham’s Native Token ARKM Receives Investment from Binance Labs
On November 15, Binance Labs, the venture capital and incubator arm of the world’s largest exchange, announced its investment in Arkham’s native token, ARKM.
Arkham is a blockchain intelligence and data platform powered by artificial intelligence. It offers detailed insights and visualization tools for on-chain analysis.
Powered through ULTRA
The accompanying post on the Binance Blog revealed that Arkham’s intelligence platform, powered by its proprietary AI engine ULTRA, will enable users to visualize anyone’s blockchain transactions. The ULTRA algorithm matches addresses with real-world entities, offering searchable and sortable transaction histories on entity and token pages. Additionally, Arkham’s network visualizations map entity relationships and fund flow, contributing to a more transparent cryptocurrency landscape.
Double-digit Price Surge
Following the announcement, the price of ARKM surged by 23.6%, reaching $0.5611. This represents a significant growth of 64% over the last month.
Hot Take: ARKM Token Gains Momentum After Binance Labs Investment
The investment from Binance Labs has propelled ARKM to new heights, showcasing the potential for growth and development in the blockchain intelligence sector. With a surge in price and advanced visualization tools, Arkham is poised for further success in the cryptocurrency industry.
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