Architect raises $12m to expand new US derivatives brokerage across EU and APAC
“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.”
Architect Financial Technologies, Inc. has raised $12 million in a funding round jointly spearheaded by BlockTower Capital and Tioga Capital, drawing in fresh investments from entities like CMT Digital, ParaFi Capital, A Capital, and Twelve Below.
The round elevates the firm’s total capital raised to $17 million since its launch in January 2023, with initial backers including notable names such as Coinbase Ventures, SV Angel, Third Kind, SALT Fund, and US Digital Trust.
Architect aims to be a burgeoning force in derivatives brokerage and trading technology as it gears up to debut its US derivatives brokerage tailored for both retail and institutional investors through its CFTC-regulated arm, Architect Financial Derivatives LLC.
The $12 million raised are set to bolster the company’s growth, facilitating its expansion into US securities and security derivatives services. Moreover, it will support the enhancement of Architect’s headquarters in Chicago and aid in its strategic growth efforts across the EU and APAC regions.
Architect focused on futures, options, and digital asset markets
Architect distinguishes itself by offering state-of-the-art trading and portfolio management software, catering to institutions and professional investors. The company’s offerings are designed to navigate the complexities of both traditional and digital asset markets globally. With features such as algorithmic execution, advanced market visualization, and comprehensive risk management tools, Architect’s platforms are built on a foundation of proprietary technology that ensures low-latency performance and optimal exchange connectivity.
In a notable development in September 2023, Architect’s subsidiary gained recognition as an NFA-registered Independent Introducing Broker, solidifying its stance in CFTC-regulated derivatives markets. The company has also recently launched innovative solutions like Architect Edge and Architect Match, aimed at enhancing market data access and streamlining portfolio management for financial institutions.
Architect Financial Technologies, Inc. positions itself as a key institutional trading technology provider, with a focus on the futures, options, and digital asset markets, underscoring its commitment to innovation and regulatory compliance in the evolving landscape of financial trading.
Brett Harrison, founder and CEO of Architect, 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.”
