Financings
Architect Financial Technologies Raises $35M in Series A Round to Scale Perpetual Futures Exchange AX

GLXY · Price
Executive Summary
- Architect Financial Technologies Inc. completed a $35 million strategic Series A financing round to accelerate growth of its AX perpetual futures exchange.
- The round was anchored by Miami International Holdings (MIAX) and Tioga Capital, with participation from Galaxy Ventures, ARK Invest, VanEck, Trumid, Geneva Trading, Coinbase Ventures and other investors.
- Proceeds will be used to expand the AX platform, onboard additional institutional clients, and enhance regulatory compliance under the Bermuda Monetary Authority.
Key Details
- Total financing amount: $35 million (Series A).
- Lead investors: Miami International Holdings, Inc. (NYSE: MIAX) and Tioga Capital.
- Participating investors: Galaxy Ventures (Nasdaq/TSX: GLXY), ARK Invest, VanEck, Trumid, Geneva Trading, Coinbase Ventures, Strobe Ventures, CMT Digital, Third Kind Venture Capital, among others.
- Advisory firm: Broadhaven served as advisor to the transaction.
- Previous funding history: $5 million pre‑seed round (2023) and $12 million seed round (2024).
- Use of proceeds: Accelerate growth of AX, expand product offerings across foreign currencies, interest rates, equities, indices, metals and commodities; increase institutional client onboarding; strengthen regulatory framework under the Bermuda Monetary Authority.
- AX platform status: Launched in November 2025; currently available to institutions (hedge funds, market makers, family offices, asset managers, insurers, lenders) in eligible jurisdictions.
- Contact information for onboarding: https://architect.exchange or [email protected]; individual waitlist at https://architect.exchange.
Notable Quotes
“Our team is excited to initiate AX's next critical phase of growth with the support of this strong group of strategic partners. We are grateful for their expertise and guidance as we advance toward the shared goal of catalyzing a new era in global derivatives trading.” – Brett Harrison, Founder & CEO, Architect Financial Technologies
Materiality Assessment: Material – Positive (significant financing that enables expansion of a newly launched exchange platform).
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