Arkham

<p class="is-style-lead">In a Nov. 15 post on X, Binance Labs, the venture capital and incubator arm of the world’s largest exchange, has announced its investment in Arkham’s native token, ARKM.</p> 
<p>Arkham is positioned as a blockchain intelligence and data platform fueled by artificial intelligence, offering detailed insights and visualization tools for on-chain analysis.</p> 
<h2 class="wp-block-heading" id="powered-through-ultra">Powered through ULTRA</h2> 
<p>According to the&nbsp;<a target="_blank" href="https://www.binance.com/en/blog/ecosystem/binance-labs-invests-in-$arkm-token-to-support-onchain-insights-at-scale-across-the-blockchain-ecosystem-9067963769774448005" rel="noreferrer noopener">accompanying post on the Binance Blog</a>, Arkham’s intelligence platform, powered by its proprietary AI engine ULTRA, will enable users to visualize anyone’s blockchain transactions. ULTRA algorithmically matches addresses with real-world entities, offering searchable and sortable transaction histories on entity and token pages.&nbsp;</p> 
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   <p lang="en" dir="ltr">We’re excited to announce we have invested in <a href="https://twitter.com/search?q=%24ARKM&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">$ARKM</a>, the native token of <a href="https://twitter.com/ArkhamIntel?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">@ArkhamIntel</a>!<br><br>Arkham is an AI-powered blockchain intelligence and data platform that provides granular information and visualization tools for on-chain activity.<br><br>Read more👇<a href="https://t.co/EGMpsoIFct" target="_blank">https://t.co/EGMpsoIFct</a></p>— Binance Labs Fund (@BinanceLabs) <a href="https://twitter.com/BinanceLabs/status/1724767544190611717?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">November 15, 2023</a>
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<p>Additionally, Arkham’s network visualizations map entity relationships and fund flow, contributing to a more transparent landscape in the cryptocurrency sector. Therefore, the platform will allow individuals or organizations to do their own research, in addition to enabling users to participate in the intelligence economy with rewards powered by the&nbsp;<a target="_blank" href="https://crypto.news/price/arkham/" rel="noreferrer noopener">ARKM</a>&nbsp;token.</p> 
<p> You might also like: <a href="https://crypto.news/binance-labs-selects-teams-for-sixth-season-incubation-program/"> Binance Labs selects teams for sixth-season incubation program </a> </p> 
<p>However, despite sharing news of this investment, neither the blog or the post on X highlight exactly what that investment is.</p> 
<h2 class="wp-block-heading" id="double-digit-price-surge">Double-digit price surge</h2> 
<p>Following the announcement, the price of ARKM has seen a price spike of 23.6%. This puts the token at $0.5611.</p> 
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 <img decoding="async" loading="lazy" width="1024" height="502" src="https://crypto.news/app/uploads/2023/11/Screen-Shot-2023-11-15-at-7.20.37-AM-1024x502.png" alt="Arkham up 23% following Binance Labs investment - 26" class="wp-image-14216068">
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  ARKM to USD | Source: <a href="https://coinmarketcap.com/currencies/arkham/" data-type="link" data-id="https://coinmarketcap.com/currencies/arkham/" target="_blank" rel="noopener">CoinMarketCap</a>
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<p>It is worth noting that the token has shown significant growth over the last month, with a 64% over the period.</p> 
<p> Read more: <a href="https://crypto.news/binance-labs-launches-collabs-for-founders-and-builders/"> Binance Labs launches ColLabs for founders and builders </a> </p>

Arkham up 23% following Binance Labs investment

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