Former FTX US President Brett Harrison has raised $5 million for a new crypto software startup from investors such as Coinbase Ventures and Circle Ventures as he tries to move past his association with Sam Bankman-Fried’s failed digital-asset exchange.
The venture, Architect, will build trading software to make centralized and decentralized crypto markets easier to use for large investors like institutions. Harrison, 34, said in an interview Thursday that he hopes Architect “will allow people to get their confidence back in trading in this industry.”