# Metalpha

Metalpha is an Asset Manager based in San Francisco, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** San Francisco, United States
- **Region:** North America
- **Address:** San Francisco, CA, United States
- **Assets under management:** Undisclosed
- **Website:** metalpha.io
- **LinkedIn:** https://www.linkedin.com/company/metalpha

## Regulatory record

- **Reports private funds:** No

## About

Metalpha is an investment firm. It has made two investments, totaling $18 million in deployed capital. Sectors include Information Technology and an unspecified sector.

## Sectors

- Digital Assets
- Hedge Funds

## Offices

- Hanoi, Vietnam
- Mexico City, Mexico
- Tokyo, Japan
- Mahe, Seychelles

## People

- Adrian Wang — Founder and CEO

## Questions

### Who runs investment decisions at Metalpha?

Adrian Wang, the firm's founder and CEO, oversees investment strategy and product design at Metalpha. The firm operates a quantitative research and derivatives structuring team rather than a traditional discretionary portfolio-management committee. Day-to-day trading decisions are driven by proprietary algorithms and risk models built in-house, with senior risk oversight concentrated in the San Francisco and Tokyo offices.

### How is Metalpha different from crypto-native venture capital firms?

Metalpha does not invest in startup equity or seed-stage token deals — it operates as a capital-markets intermediary focusing on derivatives, volatility products, and structured yield. While crypto-native VC firms like Pantera or Paradigm back early-stage blockchain companies, Metalpha provides institutional-grade hedging and yield instruments for liquid digital assets. Its prime-brokerage-style model places it closer to a traditional derivatives desk than a venture investor.

### Who are Metalpha's known strategic partners?

Metalpha has publicly announced partnerships with NextGen Digital Venture and Antalpha (per the firm's official communications). The Antalpha collaboration, disclosed in early 2025, focuses on distributing structured products to Asian family offices. These relationships suggest a network connecting digital-asset structuring with traditional wealth-distribution channels in the region.

## Related profiles

- [Ledger Capital](https://altss.com/profile/ledger-capital)

---

Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/metalpha

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology