Architect Financial Technologies, a Chicago, IL-based derivatives brokerage services and trading technology company, raised $12M in funding.
The round was co-led by BlockTower Capital and Tioga Capital, and new investors including CMT Digital, ParaFi Capital, A Capital, and Twelve Below. These firms joined a number of Architect’s founding investors – including Coinbase Ventures, SV Angel, Third Kind, SALT Fund, and US Digital Trust – in their continued participation.
The company intends to use the funds for its expansion into US securities and security derivatives services.
Led by Brett Harrison, Founder and CEO, Architect Financial Technologies is an institutional trading technology provider for global futures, options, and digital asset markets. It is an NFA-registered independent introducing broker for CFTC-regulated derivatives. The company provides institutions and professional investors with comprehensive trading and portfolio management software for traditional and digital asset markets across global jurisdictions. Its flagship platform offers algorithmic execution, advanced market visualization, discretionary trading, and risk management tools, supported by proprietary low-latency data normalization and exchange connectivity infrastructure.
Commenting on the news, Brett Harrison said: “As derivatives trading volume and open interest continues to surge across asset classes, and large financial institutions accelerate the primary issuance of tokenized assets, there is critical market demand for high-throughput, low-latency, trading and distribution infrastructure operated by regulated intermediaries with advanced technological capabilities. With the completion of this funding round and the support of our new and existing investors, Architect and its subsidiaries are well-positioned to assist a broader range of clients in navigating these market developments. We look forward to rapidly scaling our technology-forward, cross-asset brokerage services and institutional trading platforms.”
FinSMEs
14/02/2024