Arkham Exchange pivoting to fully decentralized platform, CEO says

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Arkham CEO denies shutdown reports as the exchange pivots from a CEX to a fully decentralized model amid record DEX derivatives growth.

Arkham Exchange is not shutting down, despite reports to the contrary, and is instead redesigning itself as a decentralized trading platform, the company confirmed to Cointelegraph.

The crypto trading platform launched by data analytics firm Arkham Intelligence is shifting from a centralized model to a fully decentralized exchange (DEX), Arkham CEO Miguel Morel told Cointelegraph on Wednesday. Morel’s comments clarify an earlier report from CoinDesk suggesting Arkham Exchange was shutting down.

“The future of crypto trading is decentralized, and that’s what we’re building towards,” Morel said.

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