Binance, the world’s largest cryptocurrency exchange, continues to invest in various cryptocurrency projects.
At this point, Binance Labs, the venture capital and incubation arm of Binance, announced that it invested in ArkhamIntel.
“Binance Labs, the venture capital and incubation arm of Binance, invested in Arkham Intel’s native token, ARKM.
Arkham is an AI-powered blockchain intelligence and data platform that provides detailed information and visualization tools for on-chain activities.
Binance Labs invested in ARKM to support large-scale on-chain information in blockchain ecosystems.”
ARKM gained 11% after the announcement. At the time of writing, ARKM continues to trade at $0.579.
We’re excited to announce we have invested in $ARKM, the native token of @ArkhamIntel!
Arkham is an AI-powered blockchain intelligence and data platform that provides granular information and visualization tools for on-chain activity.https://t.co/EGMpsoIFct
— Binance Labs Fund (@BinanceLabs) November 15, 2023
*This is not investment advice.
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Source: https://en.bitcoinsistemi.com/binance-announced-it-invested-in-this-altcoin-the-price-moved/