Architect Financial Technologies Inc announced the completion of a $35 million strategic Series A investment round. The funding will accelerate the growth of AX, the financial industry's first centralized exchange for perpetual futures on traditional asset classes, launched by the Company last month. Operated by Architect's Bermuda-based affiliate Architect Bermuda Ltd., AX offers institutional clients novel perpetual contracts on foreign currencies, interest rates, single stocks, stock indexes, metals, and other commodities, with the security of transacting under the comprehensive regulatory regime of the Bermuda Monetary Authority.

Architect's Series A round was anchored by Miami International Holdings, Inc. (NYSE: MIAX) and Tioga Capital, with participation from a consortium of preeminent global financial services companies including Galaxy Ventures (Nasdaq/TSX: GLXY), ARK Invest, VanEck, Trumid, Geneva Trading, and other trading firms. The Company also received substantial renewed support from its earlier investors Coinbase Ventures (Nasdaq: COIN), Strobe Ventures, CMT Digital, and Third Kind Venture Capital. Broadhaven served as advisor to the transaction. Architect previously completed a $5 million pre-seed round upon its establishment in 2023 and a $12 million seed round in 2024.

Brett Harrison, Founder and Chief Executive Officer of Architect, commented on the news, "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."