Ex-FTX US Chief Brett Harrison Raises $35M for Multi-Asset Trading Platform

In a remarkable comeback story following the collapse of FTX, Brett Harrison, the former president of FTX US, has successfully secured $35 million in funding for his new venture, Architect Financial Technologies. This ambitious project seeks to develop an institutional-grade trading platform that integrates digital assets, equities, and futures markets, offering a unified solution for professional traders.

What We Know

Multiple sources confirm the following key details:

• Brett Harrison, former president of FTX US, has raised $35 million in funding for his new company.
• The funds will support Architect Financial Technologies, Harrison's post-FTX initiative.
• The platform aims to provide institutional-grade trading capabilities across crypto, equities, and futures markets.
• Harrison’s fundraising success comes in the wake of FTX’s collapse, one of the most significant failures in cryptocurrency history.

Key Details

Harrison’s ability to attract substantial capital despite his association with FTX highlights a notable recovery within the crypto industry. Having departed FTX US prior to its dramatic implosion in November 2022, Harrison avoided direct involvement in the controversies surrounding the exchange, including the alleged misappropriation of billions in customer funds and the arrest of founder Sam Bankman-Fried.

The $35 million funding round for Architect Financial Technologies signals strong investor confidence in Harrison’s vision for a new kind of institutional trading infrastructure. Unlike FTX, which primarily focused on cryptocurrency trading, Architect’s platform takes a broader approach by incorporating traditional financial instruments alongside digital assets.

By targeting institutional clients and spanning multiple asset classes—crypto, equities, and futures—Architect Financial Technologies aims to address a critical market need for consolidated trading solutions. This multi-asset approach could appeal to institutions seeking efficiency and reliability in navigating both traditional and digital financial markets.

Why This Matters

Harrison’s successful fundraising carries significant implications for the cryptocurrency and broader financial industries.

First, it demonstrates that investors are willing to separate individual executives from the failures of their former employers, particularly when those executives departed before controversies erupted. Harrison’s ability to attract $35 million in funding suggests his reputation remains intact despite FTX’s catastrophic downfall.

Second, the launch of Architect Financial Technologies addresses a persistent need for reliable, institutional-grade trading infrastructure. FTX’s collapse exposed critical weaknesses in crypto exchange architecture and governance, creating demand for platforms built on stronger foundations.

Third, the platform’s multi-asset approach—bridging crypto with traditional equities and futures—reflects the ongoing convergence between digital and traditional finance. As institutional adoption of cryptocurrency continues despite recent setbacks, platforms that seamlessly integrate both worlds may gain competitive advantages.

Finally, this development contributes to the narrative of recovery and rebuilding within the crypto industry. Nearly two years after FTX’s implosion sent shockwaves through digital asset markets, new ventures led by former industry participants are emerging with lessons learned and fresh capital, potentially helping to restore confidence in the sector’s future.

The success of Architect Financial Technologies will likely be closely watched as a test case for whether the crypto industry can rebuild trust with institutional investors and clients following one of its most damaging episodes.

Key entities: Brett Harrison, FTX US, Architect Financial Technologies
Sentiment: bullish