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Architect Financial Technologies Secures $35 Million Funding at $187 Million Valuation

Architect’s Bermuda-regulated AX exchange targets global institutional investors with perpetual contracts in stocks and forex, avoiding U.S. markets due to regulatory restrictions.

Summary

Architect Financial Technologies raised $35 million, valuing the company at $187 million. Its AX exchange specializes in perpetual contracts for traditional assets like stocks and forex, operating under Bermuda regulation. The platform serves only non-U.S. institutional investors owing to U.S. restrictions on perpetual futures products.

Terms & Concepts
  • Perpetual contracts: A type of derivative that allows trading without an expiry date, enabling continuous speculation on asset prices.
  • Perpetual futures: Derivative instruments similar to futures contracts but with no set expiration date, often used in cryptocurrency and forex markets.
  • Bermuda regulation: Financial oversight provided by Bermuda’s regulatory authorities, offering a legal framework for certain financial products not permitted in other jurisdictions.