Crypto:
36635
Bitcoin:
$92.366
% 1.02
BTC Dominance:
%58.7
% 0.13
Market Cap:
$3.14 T
% 1.16
Fear & Greed:
28 / 100
Bitcoin:
$ 92.366
BTC Dominance:
% 58.7
Market Cap:
$3.14 T

Big Step from Former FTX US President Brett Harrison!

Brett Harrison

Crypto markets have always had a clear goal ever since they were widely adopted by the community: bridging the gap between crypto and traditional finance. Brett Harrison’s company, Architect Financial Technologies, aims to achieve this. Architect Financial Technologies plans to integrate traditional markets by launching a perpetual futures platform for stocks and forex (FX).

Who is Brett Harrison?

Brett Harrison became President of FTX US in May 2021. During his tenure at FTX US, he established the company’s regulated business operations and opened its headquarters in Chicago. In 2022, he led the launch of the company’s US retail stock brokerage and trading platform.

What Will the AX Platform Look Like?

Architect Financial Technologies has received approval from the Bermuda Monetary Authority for this initiative. The project is expected to launch under the name “AX.” The known features of the platform so far include:

  • Acceptance of Real Money
  • USD Stablecoins
  • Margin Trading
  • 24/7 Trading Availability
  • Stocks
  • FX Trading

This will bring the perpetual futures model, popular in crypto markets, to traditional assets.

You might also find this article interesting: Robert Kiyosaki: Bitcoin Could Reach $200,000 in 2025!

Regarding the platform, Brett Harrison stated: “AX will operate 24/7. Traders will be able to use USD stablecoins or fiat currencies as collateral. Initially, the platform will focus on stocks and forex. Gradually, it will expand to interest rates, commodities, and other asset classes. In the future, we may even explore AI-powered assets for perpetual contracts. AX aims to be a bridge not only for professional investors but also for entrepreneurs and tech communities.”

The project’s core slogan is: “The margin trading dynamics of crypto should also be possible in traditional markets.”

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