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Binance Labs invests in ARKM, the native token of Arkham platform

Binance Labs, the venture capital arm of Binance Exchange, has invested in ARKM, the native token of the crypto intelligence platform Arkham.

Binance Labs, the venture capital arm and incubator arm of crypto

exchange Binance, said on Nov. 15 that it has invested in ARKM, the native token of the “deanonymizing” blockchain platform Arkham.

The company said in a blog post on the website that the investment aims to support “on-chain insights at scale across the blockchain ecosystem.”

“Arkham’s proprietary technology advances how on-chain intelligence is produced and shared,” Binance Labs investment director Alex Odagiu told Cointelegraph.

The platform allows individuals or organizations to do their own research,

in addition to enabling users to participate in the intelligence economy with rewards powered by the ARKM token, the executive added.

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