The former president of FTX.US plans to raise $6 million for a new cryptocurrency company with a valuation of $60 million
ChainCatcher news, citing two people familiar with the matter from The Information, reports that former FTX US president Brett Harrison is attempting to raise funds for a new crypto startup that aims to make it easier for large investors to trade digital assets across platforms, including centralized exchanges and decentralized protocols.
One insider said that Harrison has contacted at least one venture capital firm and intends to raise $6 million at a $60 million valuation, although specific details may still change.
It is reported that Harrison left FTX US in September of this year. Before joining FTX, he worked at traditional trading firms, including serving as an executive at Ken Griffin's trading firm Citadel Securities, as a senior software developer at Headlands Technologies, and as the trading systems tech lead at Jane Street. (Source link)