Brett Harrison, former head of cryptocurrency exchange FTX US, is trying to raise $6 million in funding for his new crypto startup.
Despite the bear trend of the crypto industry, new projects and startups keep coming to market. Companies that receive the support of millions of dollars of funds come to the fore with projects that will mark the market. In particular, Aptos and Arbitrum have managed to receive hundreds of millions of dollars in funding. After the recent FTX bankruptcy events, the crypto market has entered a new era. During this period, it was noteworthy that crypto exchanges acted more transparently and reliably. In addition, new projects began to undergo more audits. In the midst of all these processes, Brett Harrison, ex-president of FTX US, went to seek funding for his new crypto venture.
Former President of FTX US Seeks $6M in Funding
Brett Harrison, former president of FTX US, focused on crypto trading software for large and institutional investors. Looking for a source for this software, Harrison wants to raise $6 million in funding.
The initiative will enable professional traders to more easily trade crypto on centralized exchanges and decentralized protocols. According to sources, Harrison sought $6 million with a market valuation of 60 million.
Harrison made statements about DeFi after leaving the crashed FTX. Harrison argued that DeFi infrastructure should be made easier and simpler.
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