Sa avea muamua ma Peresetene FTX.US Brett Harrison o loʻo i ai i le faagasologa o le faʻalauiloaina o se amataga fou o le cryptocurrency e tautuaina tagata faʻalapotopotoga.
E tusa ai ma le Bloomberg News tala, Ua siitia e Harrison le $ 5 miliona mai le au faipisinisi lauiloa, e aofia ai Coinbase Ventures ma Circle.
O le kamupani fou a Harrison - ua fa'aigoaina o Fa'ata'ita'i - o le a fa'amalieina tagata fa'alapotopotoga ma tu'uina atu ia i latou le avanoa i maketi fa'atotonugalemu ma fa'atauva'a.
In an interview with Bloomberg, Harrison said he hoped Architect would help institutions regain their faith in the crypto industry.
Harrison said that he had trouble securing funding for the venture, as the collapse of FTX caused venture funding in the crypto space to drop as much as 75% in the fourth quarter of the year. Harrison’s close connections to FTX also made it difficult to secure investments for Architects.
Earlier in January, it was lipotia that Harrison was seeking a $6 million investment at a $60 million valuation.
However, the former head of FTX.US didn’t disclose the current valuation of the company. Most of the funding will be used for recruitment, with Harrison noting that he hoped to hire his former FTX.US colleagues.
Architect’s product is expected to launch in the second quarter of the year. Harrison said that he hoped the software the company is developing would eventually be incorporated into Coinbase’s and Circle’s platforms.
Harrison’s platform was also backed by SV Angel, Third Kind Venture Capital, Motivate Venture Capital, as well as Anthony scaramucci and SALT, a fund managed by his son AJ Scarammuci.
FTX’s investment arm mauaina a 30% stake in Scaramucci’s SkyBridge Capital in September 2022. Harrison declined to comment on his talks and potential funding from other private investors.
Source: https://cryptoslate.com/former-head-of-ftx-us-raises-5m-from-coinbase-circle-for-new-crypto-startup/