Former FTX U.S President, Brett Harrison back with the new Crypto company Architect

Former FTX U.S President, Brett Harrison back with the new Crypto company Architect just created, which I'm sure this project will stay in the field with his crypto idea.

Brett, the former president of FTX US is confirmed to create a new crypto company Architect with Kaloz labs and Anthony Scaramucci. In fact, this project has already raised $5 million from Coinbase and Circle ventures, and Brett plans to raise more money to support the software company.

Brett told Bloomberg that his new company will provide software for new people entering the crypto market and those who are already familiar with the market but already lose trust in crypto exchange. Through the new company, they would be able to regain people's trust in doing business with this architect, especially FTX customers who are losing trust.

Architect will be built on web3 trading infrastructure with features of P2P trading and will enable multiple trading on different crypto platforms.

The reason why I said this project will stay in the first place is that Harrison's new project architect is designed to allow users to trade without the company storing their private key, which means they are in control of their keys, like decentralized exchange. The project will be launched for trading in the second quarter of the year.

Brett Harrison had experience in all fields, but that doesn't mean he can handle a crypto company?.

I don't know how this will work out, but everyone knows Brett Harrison, because he was honest, and before FTX collapsed, he left his position and re-signed due to the fact that Bankman-Frieds do not want to be clear to the investors about what is happening with the company. He has so much experience with other companies and also ran the global FTX crypto exchange.

On January 14, however, he gave the reason why he was left FTX US. "I was not happy with how Bankman-Frieds ran the business". The Bankman-Fried operation is completely shady and involved in political financing.

Now that it's his turn to be the CEO. I hope it will work well for him because people have already lost their trust in crypto trading and Harrison is a man from FTX that alone makes it difficult for him to raise money to get his project done.

Image source: Bloomberg

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