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

Rhea-AI Summary

Architect Financial Technologies (COIN) completed a $35 million Series A strategic financing on December 23, 2025 to scale AX, the company’s centralized exchange for perpetual futures on traditional asset classes.

AX launched last month and is operated by Architect Bermuda Ltd. under the Bermuda Monetary Authority regulatory regime. The round was anchored by Miami International Holdings (MIAX) and Tioga Capital, with participation from Galaxy Ventures (GLXY), ARK Invest, VanEck, Trumid, Geneva Trading and renewed backing from Coinbase Ventures (COIN) plus other prior investors. Architect completed prior rounds of $5M pre-seed (2023) and $12M seed (2024).

Positive

• $35M Series A completed on December 23, 2025
• AX launched last month as a centralized perpetual futures exchange for traditional assets
• Round anchored by MIAX and Tioga Capital, with strategic participants including GLXY, ARK Invest, VanEck
• Operates under the Bermuda Monetary Authority regulatory regime

Negative

• AX is currently available only to institutions in eligible jurisdictions
• Trading platform operations are routed through Architect Bermuda Ltd.

News Market Reaction – MIAX

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+0.28% News Effect

On the day this news was published, MIAX gained 0.28%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

CHICAGO, Dec. 23, 2025 /PRNewswire/ -- Architect Financial Technologies Inc. ("Architect" or "the Company") today 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."

AX is currently available to institutions — including hedge funds, market makers, family offices, asset managers, insurance and reinsurance companies, and lenders — in eligible jurisdictions. To learn more about AX and onboard to the exchange, visit https://architect.exchange or contact sales@architect.co. Sophisticated individual traders interested in trading on AX can access a waitlist at https://architect.exchange.

About Architect

Architect Financial Technologies Inc., through its subsidiaries, provides institutional trading technology, US electronic brokerage services, and a global perpetual futures exchange. Architect Securities LLC is a FINRA-registered Introducing Broker-Dealer for SEC-regulated securities and security derivatives. Architect Financial Derivatives LLC is an NFA-registered Independent Introducing Broker for CFTC-regulated derivatives. Architect Bermuda Ltd. is regulated under the Bermuda Monetary Authority and operates AX, a multi-asset perpetual futures exchange for institutional customers.

To learn more, please visit https://architect.exchange and https://architect.co.

This communication is for informational purposes only, and does not constitute a recommendation, investment, or legal advice. Readers should consult their investment, fiduciary, and/or legal advisors for guidance in making investment or business decisions.

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SOURCE Architect Financial Technologies Inc

FAQ

What did Architect Financial Technologies announce on December 23, 2025 (COIN)?

Architect announced a $35 million Series A funding round to scale AX, its centralized perpetual futures exchange.

Who led the $35M Series A for Architect and which strategic investors participated?

The round was anchored by Miami International Holdings (MIAX) and Tioga Capital, with participation from Galaxy Ventures (GLXY), ARK Invest, VanEck, Trumid, Geneva Trading and others, plus renewed support from Coinbase Ventures (COIN).

What assets does AX offer on the new exchange launched by Architect?

AX offers perpetual contracts on foreign currencies, interest rates, single stocks, stock indexes, metals and other commodities.

Under which regulator does AX operate and who runs it?

AX is operated by Architect Bermuda Ltd. and transacts under the Bermuda Monetary Authority regulatory regime.

Is AX available to retail traders or only institutions (COIN)?

AX is currently available to institutions—including hedge funds, market makers, family offices, asset managers, insurers and lenders—in eligible jurisdictions; sophisticated individuals may join a waitlist.

What prior funding rounds did Architect complete before the $35M Series A?

Architect previously raised a $5M pre-seed in 2023 and a $12M seed in 2024.