Wikimedia.org/Jdarsie11
Main page News, Startups, FTX

Former FTX.US President, Brett Harrison, has raised funds for his new unnamed crypto software startup from Anthony Scaramucci, Bloomberg reports.

Subscribe to our Telegram channel to get daily short digests about events that shape the crypto world

In an email, Scaramucci said that the investment won't be made by his venture firm, SkyBridge Capital, as the funds will be his own. Harrison had reportedly been seeking funding for his new startup at a valuation of up to $100 million. It is unclear if he succeeded to raise the required amount of money.

The yet-to-be-named startup will help crypto traders with special algorithms for their trading strategies, both centralized and decentralized.

Brett Harrison to Step Down as FTX.US CEO

Harrison left FTX.US last September. In a Twitter thread he said that the decision to leave the company followed Sam Bankman-Fried's "dysregulated hostility," who used to manipulate colleagues. Prior to FTX.US, Harrison worked at Jane Street where he led the company's trading systems development group.

Access more than 50 of the world's financial markets directly from your EXANTE account – including NASDAQ, London Stock Exchange and Tokyo Stock Exchange

Read also:
Strawberry Cake Media Corp. © 2024 Cookie Policy Editorial team Archive

ihodl.com is an illustrated edition about cryptocurrencies and financial markets.
Every day we publish the best materials for everyone interested in economy.