Distributed ledger technology can help solve longstanding challenges in US financial markets, the report said.
Financial Derivatives news
The program will last for 30 days and points will be convertible to Arkham’s native token, ARKM.
The prediction market has listed contracts for betting on events including a prospective Trump impeachment.
Analysts expect crypto products to proliferate after Republican presidential candidate Donald Trump’s Nov. 5 US election win.
Polymarket dominates with around $3.3 billion in betting volumes tied to the outcome of the US presidential race.
The US’s first election betting market has added contracts for trading on national elections from Australia to Ecuador, public filings show.
The prediction marketplace has certified more than a dozen political event contracts since prevailing in a court battle in September.
The USDT issuer needs ways to deploy billions of dollars in profits, and commodity traders could benefit from expanded credit.
The securities regulator authorized Bitcoin options to list on BlackRock’s spot BTC ETF in September.
Arkham Intelligence’s token, ARKM, is up more than 16% on the news, according to CoinGecko.