This post was originally published on Coinspeaker
Key NotesAX provides perpetual futures trading for traditional assets using stablecoin collateral and crypto market mechanics.The platform targets institutional clients initially while individual traders join a waitlist for future access.Harrison departed FTX in September 2022 before its collapse and has spent a year developing AX with regulatory approval.
Brett Harrison has returned to the crypto and trading space with the launch of AX on Oct. 29, a new exchange focused on perpetual futures for non-crypto assets. This move comes three years after the FTX collapse, where Harrison served as US president but resigned before the scandal unfolded.
AX, by Architect Financial Technologies, offers perpetual contracts on foreign currencies, single stocks, ETFs, interest rates, metals, and energy. Based in Bermuda and regulated under the Monetary Authority’s Investment Business and Digital Asset Business Acts, the platform emphasizes security and transparency. It uses technology from Connamara Technologies for matching and allows portfolio margining across asset classes.
Notably, the platform combines “the capital efficiency and operational simplicity of crypto perps,” said Harrison in a thread on X. He added that AX supports USD and stablecoin collaterals, together with other functionalities.
The @Architect_fi team and I are excited to announce the launch of
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