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HomeFunding IL-based Architect Financial Technologies Secures $12Million in Funding

[Funding alert] IL-based Architect Financial Technologies Secures $12Million in Funding

IL-based Architect Financial Technologies secures $12million in funding. Along with new investors CMT Digital, ParaFi Capital, A Capital, and Twelve Below, the round was co-led by BlockTower Capital and Tioga Capital.

IL-based Architect Financial Technologies secures $12million in funding. Along with new investors CMT Digital, ParaFi Capital, A Capital, and Twelve Below, the round was co-led by BlockTower Capital and Tioga Capital.

These businesses have continued to participate with several of Architect’s original investors, including as Coinbase Ventures, SV Angel, Third Kind, SALT Fund, and US Digital Trust.

Read also – IL-based Ascent Technologies Acquired Waymark

The company plans to expand into US securities and security derivatives services with the usage of the cash. Architect Financial Technologies is an institutional trading technology supplier for global futures, options, and digital asset markets, headed by its founder and CEO, Brett Harrison. It is an independent introducing broker for CFTC-regulated derivatives that is registered with the NFA.

The company offers sophisticated trading and portfolio management software for traditional and digital asset markets across international jurisdictions to institutions and professional investors.

Read also – FL-based Odyssey Secures $6Million in Funding

Its flagship platform, which is backed by a proprietary low-latency data normalization and exchange connectivity infrastructure, provides algorithmic execution, sophisticated market visualization, discretionary trading, and risk management capabilities.

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.”

About Architect

High-throughput, low-latency distributed systems for trading, order management, and settlement in both traditional and tokenized assets are the key competencies of Architect. With decades of combined expertise at some of the world’s biggest technology businesses, significant financial institutions, and elite high-frequency trading firms, the Architect team is in a unique position to support their clients as the market technology landscape changes.

Read also – NYC-based Tandym Group Acquired Kolter Solutions

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