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Coinbase and others back ex-FTX US president’s crypto trading infra startup Architect

It has been nearly four months since Brett Harrison stepped down as president of FTX US, the American division of the now-bankrupt Crypto exchange. Now, he has raised $5 million for his own startup, Architect, which aims to make trading infrastructure for large crypto investors. “It’s a software company aiming to build institutional-grade infrastructure to connect various crypto venues across decentralized and centralized exchanges,” Harrison told TechCrunch. “We’re trying to make it easy to interface with either qualified custodians or self-custody. We’re building this single interoperability platform across crypto services with a focus on trading.” The startup has raised capital in a pre-product financing round from Coinbase Ventures, Circle Ventures, SV Angel, SALT Fund, P2P, Third King Venture Capital and Motivate Venture Capital. Angel investors Shari Glazer, the CEO of Kalos Labs, and Anthony Scaramucci, former White House communications director and founder of Skybridge, are also among its investors. Prior to FTX, Harrison worked at traditional financial institutions like Citadel Securities and Jane Street. He also spent about 11 years developing algorithmic trading software for …

The post Coinbase and others back ex-FTX US president’s crypto trading Infra Startup Architect appeared first on Skeptic Society Magazine.



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Coinbase and others back ex-FTX US president’s crypto trading infra startup Architect

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