Users locked $2.4 billion on Binance to participate in Arkham token public sale

United States News News

Users locked $2.4 billion on Binance to participate in Arkham token public sale
United States Latest News,United States Headlines
  • 📰 TheBlock__
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 53%

A total of 114,454 participants committed 10.18 million BNB ($2.4 billion) to participate in the Arkham public sale.

Binance has concluded the public sale of ARKM tokens for Arkham Intelligence, with allocation based on the amount of BNB staked by each user.

During the subscription period, a total of 114,454 participants committed 10.18 million BNB to participate in the public sale.Connect/Create WalletNo wallet? No problem. You can set one up for free. We recommend Torus for first-time users.Crypto exchange Binance wrapped up the public sale of ARKM tokens for Arkham Intelligence, a provider of on-chain analytics. The public sale, hosted on Binance Launchpad, reached its hard cap of $2.5 million.

Given it had a hard cap of $2.5 million, the sale used a subscription format, where Binance tracked users’ BNB balances over a six-day period starting from July 11. The final allocation of tokens for each user was determined based on their average BNB balance during this period.The final conversion rate for the sale was 4.92 ARKM tokens per BNB.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

TheBlock__ /  🏆 464. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Subscription for the Arkham (ARKM) Token Sale on Binance Launchpad Is Now Open | Binance SupportSubscription for the Arkham (ARKM) Token Sale on Binance Launchpad Is Now Open | Binance SupportImportant Notice: To protect users from high volatility when trading commences under Launchpad, we will be trialing an initial price limit mechanism where for the first five minutes of trading the ...
Read more »

Binance Completes the Arkham Subscription Launchpad and Will Open Trading for ARKM | Binance SupportBinance Completes the Arkham Subscription Launchpad and Will Open Trading for ARKM | Binance SupportImportant Notice: To protect users from high volatility when trading commences under Launchpad, we will be trialing an initial price limit mechanism where for the first five minutes of trading the ...
Read more »

Users Can Now Deposit via Multiple Deposit Addresses on Binance for Enhanced Efficiency | Binance SupportUsers Can Now Deposit via Multiple Deposit Addresses on Binance for Enhanced Efficiency | Binance SupportFellow Binancians, In response to user feedback, Binance has launched a new feature enabling users to obtain multiple deposit addresses for a single network. A new deposit address book function has...
Read more »

Binance Completes Integration of Bitcoin (BTC) on Lightning Network, Opens Deposits and Withdrawals | Binance SupportBinance Completes Integration of Bitcoin (BTC) on Lightning Network, Opens Deposits and Withdrawals | Binance SupportFellow Binancians, Binance has completed the integration of Bitcoin (BTC) on the Lightning Network. Deposits and withdrawals for Bitcoin (BTC) are now open on the Lightning Network. Please find you...
Read more »

Binance Research: Key Trends in Crypto – July 2023 | Binance BlogBinance Research: Key Trends in Crypto – July 2023 | Binance BlogCatch up on the key takeaways from last month and the crypto trends to look out for in July. Here’s what you need to know, thanks to BinanceResearch 👇
Read more »

Multichain saga screws users, Binance fires 1,000 staff: Asia ExpressMultichain saga screws users, Binance fires 1,000 staff: Asia ExpressMultichain continues operations for nearly two month after all-controlling CEO arrested. Binance lays off staff due to regulatory uncertainty. Asia Express.
Read more »



Render Time: 2025-03-10 04:24:53