Architect Financial Technologies, a FinTech company focused on institutional trading infrastructure, has raised $35m in a strategic Series A funding round to accelerate the growth of its newly launched perpetual futures exchange, AX.
The funding was secured to support the next phase of expansion for AX, which launched last month and is positioned as the financial industry’s first centralised exchange offering perpetual futures linked to traditional asset classes.
Architect provides institutional trading technology, US electronic brokerage services, and access to regulated global derivatives markets through its group of licensed subsidiaries. The company offers perpetual contracts on foreign currencies, interest rates, single stocks, stock indexes, metals, and other commodities, with the security of transacting under the comprehensive regulatory regime of the Bermuda Monetary Authority.
Its platform is designed to serve hedge funds, market makers, asset managers and insurance firms.
The Series A round was anchored by Miami International Holdings and Tioga Capital, with participation from global financial services firms including Galaxy Ventures, ARK Invest, VanEck, Trumid, and Geneva Trading.
Existing investors, including Coinbase Ventures, Strobe Ventures, CMT Digital, and Third Kind Venture Capital, also participated. Broadhaven acted as advisor on the transaction. Architect previously raised a $5m pre-seed round in 2023 and a $12m seed round in 2024.
Architect CEO Brett Harrison said, “Our team is excited to initiate AX’s next critical phase of growth with the support of this strong group of strategic partners. We are grateful for their expertise and guidance as we advance toward the shared goal of catalyzing a new era in global derivatives trading.”
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