Fréiere FTX President lancéiert nei Krypto Venture, erhéicht $ 5 Millioune vu féierende Investisseuren

Less than a week ago, Brett Harrison, the former president of FTX US, published a 49-part Twitter thread describing his side of the story when he worked for the disgraced co-founder of FTX, Sam Bankman-Fried (SBF). On Friday, Jan. 20, 2023, Harrison revealed that his new firm, Architect, has raised $5 million from investors such as Circle Ventures, Coinbase Ventures, and SALT Fund.

Brett Harrison’s Architect Aims to Connect Institutional Investors Across Decentralized and Centralized Exchanges

Brett Harrison, the former president of FTX who left the company in Sept. 2022, has started a nei Venture aimed at attracting institutions to the world of decentralized finance (defi). “It’s a software company aimed at building institutional-grade infrastructure to connect various crypto venues across decentralized and centralized exchanges,” Harrison gesot Techcrunch reporter Jacquelyn Melinek on Friday.

Harrison’s new venture and fresh capital raise follow the former president of FTX US nei zielen how he left the company and his relationship with its co-founder, Sam Bankman-Fried (SBF). Harrison detailed that his relationship with SBF and the FTX CEO’s deputies “had reached a point of total deterioration.” In the 49-part Twitter thread, Harrison mentioned a new crypto startup he was working on. Harrison twittert huet about the capital raise on Friday and said, “I’m very happy to announce the founding of [Architect] and the closing of our [$5 million] seed round.”

Harrison dobäi:

Architect will build institutional-grade trading technology that streamlines crypto market structure, making it easier and safer for firms and large traders to access decentralized protocols and centralized exchanges alike. Architect’s products will embody our commitment to security, self-custody, extensibility, and open source design.

In addition to Circle Ventures and Coinbase Ventures, Architect received a capital injection from Motivate Venture Capital, SALT Fund, SV Angel, P2P Validator, Third King Venture Capital, Shari Glazer, and Anthony Scaramucci, the founder of Skybridge Capital. Harrison’s Architect fundraising also follows a rezent interview with FTX’s new CEO, John J. Ray III, who told The Wall Street Journal that FTX was exploring the possibility of restarting the now-defunct crypto exchange.

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Vum Jamie Redman

Jamie Redman ass den News Lead bei Bitcoin.com News an e Finanztech-Journalist, deen a Florida wunnt. Redman ass en aktive Member vun der Krypto-Währungsgemeinschaft zënter 2011. Hien huet eng Passioun fir Bitcoin, Open-Source Code an dezentraliséierter Uwendungen. Zënter September 2015 huet Redman méi wéi 6,000 Artikele fir Bitcoin.com News geschriwwen iwwer déi disruptive Protokoller déi haut entstinn.