[Chain News] On October 29, it was reported that Architect Financial Technologies, a startup founded by former executive Brett Harrison from a certain trading platform, has been approved by the Bermuda Monetary Authority and plans to launch a perpetual futures trading platform named "AX," introducing this encryption derivation mechanism into traditional asset classes such as stocks, forex, interest rates, and commodities.
Harrison stated that the platform will support 24-hour uninterrupted trading, accepting fiat currency and USD stablecoins as margin, to break through the limitations of traditional settlement systems. There are also plans to launch Perptual Futures covering AI economy-related assets (such as rare earths, renewable energy, and data center computing power costs) in the future.
Architect is headquartered in Chicago and is currently in Series A funding, having received investment from the venture capital arm of a certain trading platform.