Ex-FTX US chief Brett Harrison secures $35 million for new exchange
Former FTX US chief Brett Harrison raised $35 million for his new startup, Architect Financial Technologies.Summary
Brett Harrison, the former president of FTX US, has secured $35 million in funding for his Chicago-based startup, Architect Financial Technologies. Founded in early 2023, the company is developing institutional trading software designed for derivatives, equities, futures, options, and digital assets, offering tools for algorithmic execution, market visualization, and risk management. This latest funding follows a $12 million round in 2024, with backing from major investors like Coinbase Ventures and Circle Ventures. Architect plans to expand into European and APAC markets and already has regulatory-compliant subsidiaries registered with the NFA and FINRA. The firm recently launched the AX exchange, which offers crypto-style perpetual futures for traditional assets.
(Source：Crypto Briefing)