[Former FTX US President Raises $35 Million, Launches New Exchange AX] According to *The Information*, former FTX US President Brett Harrison has raised $35 million for his newly founded fintech company, Architect Financial Technologies, with the company valued at approximately $187 million. The exchange AX launched by the company focuses on perpetual contract trading of traditional assets, including stocks and forex, rather than cryptocurrency perpetual contracts. The AX platform is regulated in Bermuda and is only open to non-U.S. institutional investors, as perpetual futures products have not yet been approved in the United States. Previously, it was reported that Architect, the crypto company under the former FTX.US president, was registered in the U.S. as an independent introducing broker.