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Former FTX President Launches New Crypto Venture, Raises $5 Million From Leading Investors

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Less than a week ago, Brett Harrison, the former president of FTX US, published a 49-part Twitter thread describing his side of the story when he worked for the disgraced co-founder of FTX, Sam Bankman-Fried (SBF). On Friday, Jan. 20, 2023, Harrison revealed that his new firm, Architect, has raised $5 million from investors such as Circle Ventures, Coinbase Ventures, and SALT Fund.

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). “It’s a software company aimed at building institutional-grade infrastructure to connect various crypto venues across decentralized and centralized exchanges,” Harrison told Techcrunch reporter Jacquelyn Melinek on Friday.

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