US EditionArchitect Financial Technologies Raises $35M in Series A Round to Scale Perpetual Futures Exchange AX
The $35 million Series A funding will help expand AX, the first centralized perpetual futures exchange for traditional assets, targeting institutional clients, the company said.
- Architect Financial Technologies Inc. announced a $35 million Series A round in Chicago to expand AX, its centralized futures exchange.
- The funding aims to accelerate AX's growth, which launched last month after Architect completed a $5 million pre-seed round and a $12 million seed round.
- The round was supported by Galaxy Ventures, ARK Invest, VanEck, Trumid, Geneva Trading, and renewed backing from Coinbase Ventures, with Broadhaven advising, as per source details.
- Architect Bermuda Ltd. operates AX under Bermuda Monetary Authority regulation and offers institutional perpetual contracts across multiple assets to institutional customers in eligible jurisdictions.
- Founder and Chief Executive Officer Brett Harrison noted Architect, through its subsidiaries, provides institutional trading technology and US electronic brokerage services, and sophisticated traders can join a waitlist to trade on AX.
21 Articles
21 Articles
Journal Gazette & Times-Courier
Architect Financial Technologies Raises $35M in Series A Round to Scale Perpetual Futures Exchange AX
CHICAGO, Dec. 23, 2025 /PRNewswire/ -- Architect Financial Technologies Inc. ("Architect" or "the Company") today announced the completion of a $35 million strategic Series A investment round. The funding will accelerate the growth of AX, the financial industry's first centralized…
Former FTX US President Raises $35M to Build Perpetuals Exchange for TradFi Assets
What Is Architect Building With Its New Funding? Brett Harrison, the former president of FTX US, has raised $35 million for his startup Architect Financial Technologies as it builds a regulated exchange offering perpetual futures tied to traditional financial assets. The funding round was first reported by The Information and led by Miami International Holdings and Tioga Capital, valuing Architect at roughly $187 million, according to a person f…
Cointelegraph
Cryptocurrency News | Cryptocurrency Prices | Market CapFrom FTX fallout to fresh capital: Former US chief raises $35M for new exchange
Former FTX US president Brett Harrison has raised $35 million to build an institutional trading platform offering crypto, equities, futures and perpetuals.
Former FTX President Brett Harrison Raises $35M for New Startup
Ex-FTX executive Brett Harrison raised $35 million for his perpetual futures exchange startup, The Information reported Tuesday (Dec. 23). The new funding round values Architect Financial Technologies at $187 million, according to the report, which cited unnamed sources. The exchange, AX, offers perpetual futures on assets like stocks and foreign currencies, the report said. Perpetual futures, a type of asset popularized by cryptocurre…
Ex-FTX US President Raises $35M for Compliant Futures Exchange AX
From FTX Fallout to Fresh Futures: Brett Harrison’s $35 Million Bet on a New Trading Frontier In the ever-evolving world of financial technology, few stories capture the cycle of downfall and reinvention quite like that of Brett Harrison. The former president of FTX US, who navigated the turbulent waters of one of crypto’s most notorious collapses, has emerged with a new venture that’s drawing significant investor interest. Harrison’s startup, A…
Brett Harrison, who presided FTX.US, launched the startup Architect in 2023, just a few months after the collapse of FTX. Architect builds his own exchange with perpetual crypto features for traditional assets. *** Brett Harrison, who presided over FTX.US, launched the startup Architect in 2023. Architect builds his own institutional exchange called AX. It will include perpetual crypto features for traditional assets. Harrison founded his startu…
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