• Former FTX.US president Brett Harrison has raised $5 million in a seed round funding for his new crypto project, Architect.
• The new platform is a decentralised finance (DeFi) venture and has secured backing from Coinbase Ventures, Circle Ventures and SV Angel among others.
• Architect is a crypto software project that aims to streamline the crypto markets.
Brett Harrison, the former president of FTX.US, has just announced that he has raised $5 million in a seed round funding for his new crypto project – Architect. The new platform is a decentralised finance (DeFi) venture and has secured backing from some of the top venture investors within the crypto space, including Coinbase Ventures, Circle Ventures and SV Angel.
SkyBridge Capital’s Antony Scaramucci has also invested in the new crypto software project. Architect is a crypto software project that will help streamline the crypto markets. According to Harrison, Architect will be a „highly-scalable platform“ that will provide institutional investors with a range of tools and options to manage their investments.
The platform will feature a range of trading tools, such as order routing, real-time pricing, portfolio management, market data and analytics. It will also offer a range of liquidity options and a risk management system. The project will be built on top of blockchain technology, which will allow investors to securely store and access their investments.
The project is still in its early stages, but Harrison is confident that the platform will revolutionize the way institutional investors access and manage their investments. He believes that the platform will provide a „complete institutional-grade trading experience“ that will be both secure and efficient.
With the funds raised, the Architect team will be able to further develop the platform and bring it to market. Harrison is also planning to use the funds to expand his team and hire more engineers and developers.
In addition to the seed round funding, Architect has also secured a strategic investment from San Francisco-based venture firm, SALT Fund. With the additional funding, Architect is well-positioned to become a leading player in the DeFi space.
This is an exciting time for the crypto space, and Harrison is confident that Architect will be able to make a big impact on the industry. With its innovative technology and experienced team, Architect looks set to revolutionize the way institutional investors access and manage their investments.