# Jimmy Xue

> Jimmy Xue is a digital-asset entrepreneur and finance professional known as co-founder and COO of Axis and co-founder of Velodrome Finance.

- Canonical URL: https://iq.wiki/wiki/jimmy-xue
- Categories: People in crypto
- Tags: Advisor, Developer, Founder, Investor
- Created: 2026-10-14T18:11:39.350Z
- Last updated: 2026-10-14T18:15:41.783Z
- Source: IQ.wiki — the world's largest blockchain and crypto encyclopedia (https://iq.wiki)

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**Jimmy Xue** is an investment and operations professional with a background in quantitative development and investment management. He is the co-founder and Chief Operating Officer of [Axis](https://iq.wiki/wiki/axis) and previously worked as an investment professional at Blackstone and a quantitative developer at Balyasny Asset Management.  [\[2\]](#cite-id-lvk0vi19u9) 

## Education

Xue attended The Wharton School and the University of Pennsylvania, where he earned Bachelor’s degrees in Finance, Statistics and Computer Science.  [\[4\]](#cite-id-8yjg9swu1o) 

## Career

Xue worked as a Quantitative Developer at Balyasny Asset Management in Chicago in 2018. From 2020 to 2021, he worked as an Investment Professional at Blackstone in New York. In 2025, he co-founded [Axis](https://iq.wiki/wiki/axis), where he serves as Chief Operating Officer and oversees the company's operations.  [\[1\]](#cite-id-def2t07e1v) 

### Axis

![](https://ipfs.everipedia.org/ipfs/QmRzpS65twHzYP1s1FNrZF3Y5gq6bJ4wHBTczPnFCLowac)

​[Axis](https://iq.wiki/wiki/axis) is a [digital asset](https://iq.wiki/wiki/digital-assets) market infrastructure company that combines onchain [smart contracts](https://iq.wiki/wiki/smart-contract) with offchain trading, custody, and risk-management operations. Its trading strategies include cross-exchange and cross-currency [arbitrage](https://iq.wiki/wiki/arbitrage), funding rate arbitrage, market making, and over-the-counter trading. USDx is backed by [digital](https://iq.wiki/wiki/digital-assets) and tokenized assets, traditional assets, and related futures and hedging positions, while sUSDx lets eligible users share in trading returns through [staking](https://iq.wiki/wiki/staking). Axis also operates Axis Prime, which serves fintech companies, brokerages, remittance providers, and other financial businesses by aggregating liquidity, routing trades, and supporting cross-asset conversions and settlement. Its infrastructure uses [smart contracts](https://iq.wiki/wiki/smart-contract) to manage token issuance, redemption, [staking](https://iq.wiki/wiki/staking), reward distribution, and access permissions, while trading and custody activities still rely partly on off-chain systems and counterparties.  [\[2\]](#cite-id-lvk0vi19u9)