According to The Information, former FTX US president Brett Harrison has raised $35 million for his newly founded Architect Financial Technologies, valuing the company at approximately $187 million. Its exchange, AX, focuses on perpetual contracts for traditional assets (stocks and forex), rather than crypto perpetual contracts. The platform is regulated in Bermuda and is only open to non-US institutional investors because perpetual futures products have not yet been approved in the US.
The former president of FTX US has secured $35 million in funding for his newly founded Architect Financial Technologies.
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