Overview
- Architect says AX has approval from the Bermuda Monetary Authority under the Investment Business Act and Digital Asset Business Act.
- Perpetual contracts span foreign exchange, single stocks, ETFs, stock indexes, interest rates, metals, and energy.
- Architect is raising a Series A and has secured about $17 million from investors including Coinbase Ventures, Circle Ventures, and Anthony Scaramucci’s SALT Fund.
- AX integrates Connamara Technologies for matching, supports portfolio margining across asset classes, and uses central clearing with an anonymous order book and independent benchmarks.
- Access is currently limited to hedge funds, family offices, and market makers, with a waitlist for individual traders, and Harrison previously left FTX US in September 2022.