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A week or so ago, brett harrison, The previous president of FTX us, posted a 49-part Twitter feed describing his version of the story while working for the disgraced ftx co-founder, sam bankperson-fried (sbf). on Fridays, jan. 20, 2023, Harrison disclosed her new practice, architect, raised five million dollars from investors like Circle Ventures, COINBASE ventures, salt bottoms.
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 new venture aimed at attracting institutions to the world of decentralized finance (defi). "This is a software company aiming to build an institutional quality infrastructure to connect different crypto sites through decentralised and centralized exchanges," Harrison Techcrunch reporter jacquelyn melinek on Friday.
Harrison’s new venture and fresh capital raise follow the former president of FTX US recounting 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 deputies of the ftx CEO had "reached a point of utter deterioration." on the Twitter feed with 49 games, Harrison said something about a new 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.”
Harrison added:
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. The architect's products will exemplify our commitment to safety, confidence, scalability 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 recent 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.
What do you think of the new challenge architect of Brett Harrison? Reflect on these in the comments section below.
