Architect Raises $35 Million to Build Traditional Asset Perpetual Futures Exchange
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Funding Size: Architect Financial Technologies successfully raised $35 million, valuing the company at approximately $187 million, with this funding round led by Miami International Holdings and Tioga Capital, indicating strong investor confidence in its business model.
- Market Positioning: Architect's AX exchange focuses on offering perpetual futures linked to traditional financial assets such as equities and foreign exchange for global institutional traders, filling a regulatory gap in the U.S. market and is expected to attract a significant number of international clients.
- Innovative Mechanism: The AX platform adopts design features from the crypto market to provide non-expiring derivatives trading, simplifying margin management and meeting active traders' demand for flexible trading options, which could drive a transformation in traditional market trading practices.
- Regulatory Challenges: Although the U.S. has yet to approve perpetual futures tied to traditional assets, Architect operates offshore targeting global institutional clients, and if the regulatory environment improves, AX could capture a larger share of the U.S. market.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
