Former FTX president starts new crypto venture and collects $ 5 million from leading investors-
Former FTX president starts new crypto venture and collects $ 5 million from leading investors-
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BRETT HARRIFE, the former President of FTX Us, released a 49-part Twitter thread in which he describes his side of history when he worked for the fellow founder of FTX, Sam Bankman-Fried (SBF). On Friday, January 20, 2023, Harrison announced that his new Architect company collected $ 5 million from investors such as Circle Ventures, Coinbase Ventures and Salt Fund.
The architect of Brett Harrison aims to combine institutional investors across decentralized and centralized stock exchanges
Brett Harrison The former president of FTX, who left the company in September 2022, has a New company aims to win institutions for the world of decentralized finances (defi). "It is a software company that aims to build an institutional infrastructure to combine various crypto event locations across decentralized and central stock exchanges," says Harrison told techcrunch reporter Jacquelyn Melinek on Friday.
Harrison's new company and the fresh capital procurement follow the former President of FTX US tell how he left the company and his relationship with his co-founder Sam Bankman-Fried (SBF). Harrison stated that his relationship with SBF and the representatives of the FTX CEO "had reached a point of total deterioration". In the 49-part Twitter thread, Harrison mentioned a new crypto startup on which he works. Harrison tweeted about the capital increase on Friday and said: "I am very pleased to announce the foundation of [Architect] and the closure of our [$ 5 million] Saadrunde."
Harrison
Architect will develop a trade technology at an institutional level that rationalizes the structure of the cryptoma market and makes companies and large dealers easier and makes it easier to access decentralized protocols and centralized stock exchanges. Architect's products embody our commitment to security, self-government, expandability and open source design. In addition to Circle Ventures and Coinbase Ventures, Architect received a capital injection of motifates venture capital, Salt Fund, SV Angel, P2P Validator, Third King Venture Capital, Shari Glazer and Antonius Scaramucci , the founder of Skybridge Capital. Harrison’s Architect Fundraising also follows A last interview with the new CEO of FTX, John J. Ray III, who told Wall Street Journal that FTX explore the opportunity to restart the now no longer existing crypto exchange. What do you think about Brett Harrison's new Defi Venture Architect? Share your thoughts on this topic in the comment area below. Bedy verification : Shutterstock, Pixabay, Wikicommons 