According to @CoinMarketCap, former FTX US president Brett Harrison secured $35 million for Architect to build an institutional trading platform spanning derivatives, equities, futures, and digital assets (source: @CoinMarketCap on X, Dec 25, 2025). The update states the product targets institutional workflows across multiple asset classes but does not disclose investors, a timeline, or a launch date (source: @CoinMarketCap on X, Dec 25, 2025).

According to the source, former FTX US president Brett Harrison plans to launch a perpetuals exchange focused on traditional assets and aims to avoid risks seen in crypto markets, per the announcement. The source states the venue will list perpetual contracts tied to traditional assets rather than crypto spot tokens. The source does not disclose launch timing, jurisdiction, regulatory approvals, margin framework, or product list, leaving key trading parameters and market access details unspecified.