Shiliang Tang
Shiliang Tang is the Managing Partner and CEO of Monarq Asset Management, a multi-strategy digital asset investment firm. Tang is celebrated for co-founding several significant ventures in the fintech and crypto ecosystem, including LedgerPrime and Arbelos Markets. His career in finance began with proprietary trading roles at Merrill Lynch and UBS, focusing on volatility trading and high-frequency strategies. [1] [2] [3]
Early Life & Education
Shiliang Tang attended the Massachusetts Institute of Technology (MIT), where he earned a Bachelor of Science in Chemical Engineering. This educational background laid the foundation for his analytical and technical skills, which he later applied to his career in finance and cryptocurrency. [4]
Career
Proprietary Trading
Shiliang began his career in proprietary trading at established financial institutions such as Merrill Lynch and UBS. In these roles, he honed his expertise in volatility trading and high-frequency strategies, skill sets that he later carried into his entrepreneurial ventures, which served as a basis for later work with digital assets. [1]
LedgerPrime
In 2017, Tang co-founded LedgerPrime, a quantitative and systematic digital asset hedge fund that achieved significant growth, amassing $400 million in assets under management (AUM) by 2022 before it was acquired. Tang’s leadership helped shape LedgerPrime into a leading player in the digital asset hedge fund space. [1]
Arbelos Markets
Tang also co-founded Arbelos Markets, a principal trading firm focused on digital asset derivatives. By the end of 2024, Arbelos was acquired by FalconX, underscoring its value and contribution to the crypto derivatives market. [5] [3]
Monarq Asset Management
Currently, Tang serves as the Managing Partner and CEO of Monarq Asset Management. Under his leadership, Monarq has become known for its innovative strategies in digital asset trading, including delta-neutral and directional strategies. The company received a strategic investment from FalconX in 2025, which aimed to scale its operations and expand its client base. [3] [2]
WorldCover
Before his ventures in digital assets, Shiliang co-founded WorldCover, a fintech firm focused on providing innovative financial solutions to underserved markets. The company was backed by prestigious venture capital firms, including Y Combinator. [1]
Contributions to Crypto & Web3
Shiliang Tang has been an influential figure in the evolution of crypto derivatives, contributing significantly to the industry's maturity and the adoption of market-neutral strategies. His work emphasizes the importance of risk management and infrastructure in trading, which has been particularly influential following market shocks such as the fallout from the FTX collapse. [6]
Tang's focus on blending traditional financial strategies with emerging digital assets has helped bridge the gap between these two worlds. Monarq's approach to leveraging data-driven insights and technological innovation places it at the forefront of digital asset management. [2]
Investments and Ventures
Over his career, Tang has been involved in significant investment and advisory roles across various firms, contributing his expertise in quantitative trading and financial innovation. His strategic insights have been critical in shaping the growth strategies of companies like BlockTower Capital and other fintech startups. [1]
Public Presence & Media
As an active participant in the digital asset ecosystem, Shiliang Tang is frequently involved in industry conferences such as Consensus Hong Kong and other global forums where he shares insights on crypto volatility, market opportunities, and innovations. [1]
He also maintains an active online presence, using platforms like X (formerly known as Twitter) to share thoughts and engage with other professionals in the industry. [5] His contributions to discussions on the strategic direction of crypto markets are well-regarded in the community. [4]
Through his career, Tang has consistently demonstrated a forward-thinking approach to financial management and digital innovation, making him a respected leader in the crypto and digital asset industry.
