Former FTX US President is Raising Funds for Crypto Startup

Former FTX US President is Raising Funds for Crypto Startup

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Brett Harrison, a former President of the US arm of the bankrupt FTX exchange who resigned in September is reportedly seeking funds for a crypto startup.

Apart from being presiding over the FTX US, he also ran FTX US derivatives and FTX stock.

“Over the next few months I’ll be transferring my responsibilities and moving into an advisory role at the company,” Harrison wrote in a tweet in September when he stepped down as FTX US President.

Currently, Harrison is reportedly seeking $6 million while valuing the company, a company that is targeted at building crypto trading software for large investors at $60 million.

This report came weeks after the collapse of the FTX exchange which led to many investors worldwide being weary of moving deeper into the crypto space.

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