Brett Harrison, the former US CEO of FTX, received $35 million for the new exchange

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Architect Financial Technology, led by former FTX US CEO Brett Harrison, has raised $35 million to build an institutional trading infrastructure. The company targets the derivatives, equities and digital asset markets with the support of major fintech investors.

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Former FTX US president Brett Harrison has secured $35 million in funding for Architect Financial Technologies, The Information reported today.

In the year Founded in early 2023, the Chicago-based startup builds institutional trading software for derivatives, stocks, futures, options and digital assets. The fintech company provides tools for algorithm execution, market visualization, discretionary trading and risk management.

Architect plans to expand into Europe and APAC, and maintains non-regulated subsidiaries including Architect Financial Derivatives LLC (NFA-registered) and Architect Securities LLC (FINRA-registered).

The latest funding follows a $12 million round in 2024 backed by notable investors such as Coinbase Ventures, Circle Ventures, SV Angel, SALT Fund and P2P Validator. The finance aims to increase brokerage expansion and token-based trading of asset products.

In October, Architect launched the AX exchange, which offers crypto-style perpetual futures for traditional assets with enhanced security and regulatory oversight.