TRADING

Summary from the TLDR Crypto newsletter

Brett Harrison, former FTX US CEO, founded a venture called Architect earlier this year, aiming to simplify AI-based crypto trading. It has closed a $5 million seed round from investors like Coinbase Ventures and Anthony Scarmucci. Architect uses algorithms and AI interfaces like OpenAI's API to help users create crypto trading strategies. The platform, currently in beta mode for specific clients, allows traders to establish these trading rules using natural language. Despite the use of AI tools, Harrison emphasizes that the effectiveness of the trading strategies still ultimately relies on the guiding team's expertise.