Former FTX US President Manages to Raise Funds From Coinbase, Circle for His New Firm After Publicly Blasting SBF
Brett Harrison, former president of FTX US, has managed to raise funds from major crypto investors such as Coinbase Ventures and Circle Ventures after publicly blasting FTX founder Sam Bankman-Fried.
According to a Friday report by Bloomberg, Harrison has raised $5 million for his new crypto software startup from Coinbase and Circle.
The move comes just days after the crypto boss complained association with FTX has hindered his ability to raise funds. Called Architect, the venture aims to build trading software to make centralized and decentralized crypto markets easier to use for large investors like institutions.
Harrison has said he hopes Architect “will allow people to get their confidence back in trading in this industry.”The crypto software startup is projected to launch in the second quarter.
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