On Friday, former FTX US exec Brett Harrison revealed that his new firm, Architect, has raised $5 million from investors.
Harrison’s new venture and fresh capital raise follow the former president of FTX UShow he left the company and his relationship with its co-founder, Sam Bankman-Fried . 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
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.”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
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