Former FTX US CEO’s New Venture Is Seeking to Harness AI for Crypto Trading

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Former FTX US CEO’s New Venture Is Seeking to Harness AI for Crypto Trading
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Former FTX US CEO BrettHarrison88’s new venture Architect_xyz is looking into integrating AI with its crypto trading software. egreechee reports

who stepped down just months before its parent company collapsed, thinks using AI could make coding algorithmic trading strategies easier.from Coinbase Ventures and Anthony Scarmucci, among others, and aims to bring investment tools to individual traders and large institutions, Harrison told CoinDesk in an interview. Architect’s platform has been available for select clients in beta mode since May.

“Our idea was to leverage the OpenAI API's [application programming interfaces] and combine them with our internal trading API's that we've built on top of all these different protocols to make it possible to use natural language probes to generate trading strategy code,” Harrison said. For example, using Architect’s platform, traders could set up software that buys bitcoin on Coinbase when its price drops below what it is on other crypto exchanges.

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