Former FTX US president raises $5M for new crypto software firm

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Brett Harrison, former President of FTX US, raises $5M for new crypto software firm, Architect. Investors include Coinbase Ventures, Circle Ventures, and more.

His new startup, dubbed Architect, will develop trading software for large institutions looking to access crypto markets. He told Bloomberg that he hopes Architect “will allow people to get their confidence back in trading in this industry.”

Harrison departed FTX US months before the company collapsed under the shoddy guidance of Sam Bankman-Fried, who headed the global FTX cryptocurrency exchange and several other companies under its purview. FTX US was one of the roughly 130 companies under FTX Group to1/49 Many have asked questions about my time at FTX US and why I left when I did. As I indicated earlier this week, I’m happy to begin sharing my experiences and perspective publicly.

Source: Tech Daily Report (techdailyreport.net)

 

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