Jeremy Ng is the CEO of OpenEden, a financial technology company that specializes in tokenizing real-world assets (RWAs) on blockchain networks. He co-founded OpenEden with Eugene Ng to bridge traditional finance (TradFi) with decentralized finance (DeFi) by bringing regulated financial instruments onto blockchain technology. ^{[1] [5]}

Overview

Jeremy Ng has established himself as a notable figure in the financial technology sector, particularly in the emerging field of tokenized real-world assets. As the co-founder and CEO of OpenEden, he has led the company to become the first platform to offer a tokenized U.S. Treasury product with an investment grade rating from Moody's. Under his leadership, OpenEden has developed innovative financial products such as the TBILL token, which allows for the tokenization of U.S. Treasury Bills on blockchain networks.

Ng's professional background spans both traditional finance and cryptocurrency sectors, having held senior positions at global financial institutions before venturing into the blockchain space. His expertise in cross-asset derivatives and wealth management has informed his approach to developing regulated, transparent financial products in the decentralized finance ecosystem. ^{[3] [2] [5]}

Career

Jeremy Ng began his career in the financial sector with Goldman Sachs, where he initially served as an intern in the Equities Division in 1999-2000. He then progressed to become an Analyst in the Investment Management Division at Goldman Sachs from 2000 to 2003, which served as a basis for later working with DeFi.

From 2003 to 2006, Ng worked as a Portfolio Manager in the Private Wealth Management division at Morgan Stanley, where he gained experience in managing investment portfolios for high-net-worth clients. He then moved to Deutsche Bank, where he served as Director of Cross Asset Derivatives in the Global Markets division from 2006 to 2010.

Ng returned to Goldman Sachs in 2010, taking on the role of Head of Hong Kong and Singapore for Cross Asset Derivatives in the FICC (Fixed Income, Currency, and Commodities) Division. He held this position until 2015, further developing his expertise in complex financial instruments and markets across Asia.

From 2015 to 2020, Ng served as Managing Director and CEO for Asia at Leonteq, a Swiss fintech company specializing in structured investment products. This role expanded his experience in financial technology and leadership within the Asian market.

In 2020, Ng made a significant career shift toward the cryptocurrency industry when he joined Gemini, a regulated cryptocurrency exchange and custodian founded by the Winklevoss twins. As Managing Director and Head of Asia-Pacific (APAC), he was responsible for expanding Gemini's presence in the region and navigating the regulatory landscape for digital assets.

In 2021, Jeremy Ng co-founded OpenEden with Eugene Ng, establishing a platform focused on bringing regulated real-world assets to blockchain networks. As CEO, he has led the company's development of innovative financial products, particularly the TBILL token, which represents tokenized U.S. Treasury Bills on blockchain networks.

Under Ng's leadership, OpenEden has achieved several significant milestones, including becoming the first platform to offer a tokenized U.S. Treasury product with an investment grade rating from Moody's. The company has secured licenses from regulatory authorities in Singapore, Bermuda, and the British Virgin Islands, establishing a strong foundation for compliant operations across multiple jurisdictions.

By 2024, OpenEden had experienced substantial growth, with its Total Value Locked (TVL) increasing tenfold to reach $110 million. The platform has attracted over 130 institutional investors, including major players in the cryptocurrency space such as Ripple, BitGo, and Arbitrum. ^{[2] [3] [4] [5] [6] [7] [8] [9]}