Former FTX US President Raises $35M for New Derivatives Platform

[etfs]

Source: Galaxy

Brett Harrison, the former president of FTX US, has raised $35 million for his new startup, Architect Financial Technologies, marking a notable comeback after the collapse of FTX in 2022. The funding round included major players such as Galaxy, VanEck, ARK Investment, Miax, and Tioga Capital, signaling renewed investor confidence in crypto-linked derivatives infrastructure.

Architect plans to use the capital to build an institutional-grade trading platform covering derivatives, equities, futures, and digital assets, with a focus on professional traders and global market expansion.