Former FTX US president Brett Harrison has secured fresh funding for a new venture.
Harrison’s startup Architect Financial Technologies raised thirty five million dollars.
The funding round signals renewed investor confidence in derivatives infrastructure.
Architect aims to build an institutional grade multi asset trading platform.
The platform will span crypto equities futures and other derivatives markets.
The Information reported the funding round closed earlier this week.
Investors included Miax Tioga Capital ARK Investment Galaxy and VanEck.
The new raise follows a twelve million dollar round completed in 2024.
Earlier backers included Coinbase Ventures Circle Ventures and SALT Fund.
Architect received regulatory approval in Bermuda to offer perpetual futures.
The contracts will reference traditional assets including stocks commodities and currencies.
Perpetual futures were first popularised within cryptocurrency markets.
BitMEX pioneered perps before FTX made them a core product.
Architect is targeting professional and institutional trading clients.
Planned features include algorithmic trading and advanced risk management tools.
The platform will support trading across multiple asset classes.
Architect plans to expand beyond Bermuda into Europe and Asia Pacific.
The venture reflects continued appetite for regulated crypto linked infrastructure.
Derivatives remain the largest segment of global financial markets.
Outstanding derivatives contracts total hundreds of trillions in notional value.
Liquidity remains a major challenge across many derivatives markets.
Investors favour products offering deep liquidity and narrow spreads.
Crypto markets have heavily embraced derivatives trading activity.
Derivatives account for roughly three quarters of crypto trading volume.
Their dominance has amplified volatility across digital asset markets.
Risks were highlighted during the historic October tenth liquidation event.
That sell off erased nineteen billion dollars in one day.
Architect’s launch comes as markets reassess risk management standards.