Binance Labs, the venture capital and incubation arm of Binance has invested in $ARKM, the native token of Arkham.

Binance Labs said in a statement on Wednesday that Arkham is an artificial intelligence (AI)-powered blockchain intelligence and data platform that provides granular information and visualization tools for on-chain activity.

Its mission is to deanonymize blockchain transactions and empower self-regulation by enabling users to visualize anyone’s blockchain transactions through Arkham’s intelligence platform is powered by its proprietary AI engine, ULTRA, which algorithmically matches addresses with real-world entities and enables users with searchable and sortable transaction history on its entity and token pages, as well as its network visualizations that maps entity relationships and flow funds, enhancing transparency in the crypto industry.

The protocol has introduced the world’s first on-chain intelligence exchange, the Arkham Intel Exchange, a decentralized intelligence economy that matches buyers and sellers of blockchain intelligence at scale and allows users who generate intelligence to capture value for their work.

Through Arkham’s “Intel-to-Earn”, the platform incentivizes the production of intelligence as a public good through bounties and auctions, with trades and rewards powered by the $ARKM token.

In addition, its DATA Program that rewards users for submitting intelligence used to train ULTRA, its proprietary AI engine.

As the venture capital arm and accelerator of Binance, Binance Labs has now grown to be worth over $9 billion.

Its portfolio covers 250 projects from over 25 countries across six continents and has a return on investment rate of over 14 times.

Fifty of Binance Labs’ portfolio companies are projects that have gone through its incubation programs.

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