Arkham

About Arkham

Arkham is a blockchain analytics company that provides intelligence on the real-world entities and individuals behind cryptocurrency market activity. Founded in 2020 by Miguel Morel, the company aims to deanonymize blockchain transactions by linking pseudonymous wallet addresses to people and companies. Morel, a veteran crypto entrepreneur, also co-founded Reserve Protocol, a stablecoin project for emerging markets, and brought experience in strategic planning and business development to Arkham.

The company has raised over $12 million in funding from investors including Tim Draper, Palantir co-founder Joe Lonsdale, an undisclosed OpenAI co-founder, Bedrock, and Coinbase. Its last funding round in November 2023 valued the company at $150 million.

Arkham's core business revolves around its AI-powered analytics platform and the Arkham Intel Exchange. The main platform provides users with tools to view portfolio holdings, track transaction history, analyze fund flows, and visualize network relationships for any crypto entity. The firm's proprietary AI, named Ultra, aggregates and analyzes public on-chain and off-chain data to provide these insights.

The Arkham Intel Exchange, launched in July 2023, is a marketplace where users can buy and sell on-chain intelligence using the native ARKM token. This "intel-to-earn" model allows users to post bounties for specific information and rewards blockchain researchers for fulfilling these requests. Arkham generates revenue by taking a 2.5% maker fee on posted bounties and a 5% taker fee on payouts. This model has drawn criticism regarding privacy, with some labeling it a "dox-to-earn" system. The company also operates the Arkham Exchange, a separate, transparency-focused cryptocurrency exchange for spot and perpetuals trading.