Alphanonce’s Research Analyst, Victory Cha, recently sat down with UseTheBitcoin for an exclusive interview.
The firm, known for its strategic investments in innovative blockchain startups, aims to capitalize on the potential of blockchain technology to revolutionize various industries.
The interview was conducted during Coinfest Asia 2024.
What Is Alphanonce?

Alphanonce is a mathematics and technology-driven investment firm based in Seoul and Singapore.
Founded in 2018 by Jihun Mun, Alphanonce has operated in various quantitative strategies, establishing a strong track record of consistent performance over six years.
The firm also provides tailored liquidity solutions to projects, such as blockchain startups and cryptocurrency assets and projects, leveraging advanced strategies and market insights to optimize liquidity. Their goal is to drive innovation and positive change in finance and technology.
What Does Alphaononce Do?
Alphaononce operates with two core business segments: the hedge fund business and liquidity provision services, each contributing to the firm’s overall strategy and success.
“Basically, we are conducting two kinds of businesses: the hedge fund and liquidity provision business,” Victory Cha told UseTheBitcoin during the recent Coinfest Asia 2024 conference.
At the heart of Alphaononce’s hedge fund operations is the provision of high-performance investment strategies across centralized (CEXs) and decentralized exchanges (DEXs). According to Cha, the firm works exclusively with these exchanges, ensuring a specialized, efficient approach to asset management and risk mitigation, ultimately delivering solid returns for its investors.
Additionally, Alphaononce’s market-making operations provide liquidity across various digital asset platforms. The firm ensures that exchanges have the liquidity they need to facilitate smooth, transparent transactions, which supports the broader ecosystem and enables the firm to capture a consistent revenue stream from spreads and trading volumes.
What Differentiates Alphanonce From Other Companies?
What differentiates Alphanonce from others is its unique combination of core business operations and additional services. While the firm’s primary focus lies in hedge fund management and market making, it also provides consulting and advisory services as a secondary but growing area of expertise.
“The main business of Alphanonce is the hedge fund and market-making, but as a kind of side business, we are also conducting some consulting and advisory for new projects,” Cha explained.
Notably, their consulting and advisory services are more geared towards comprehensive business management, where they collaborate closely with clients to guide the strategic direction and execution of new projects.
Currently, Alphanonce is actively involved in advisory roles for two distinct projects, further expanding its capabilities beyond traditional financial services.
“For now, we are conducting advisory for two projects,” Cha added.
Final Thoughts
For further information on Alphanonce and to stay updated on their announcements, please visit their website and follow their official social media channels provided below:
👉 Website: https://www.alphanonce.com/
👉 Alphanonce Twitter/X: https://x.com/alphanonce
👉 Alphanonce Intern Twitter/X: https://x.com/alphanonceStaff
👉 Victor Cha’s LinkedIn: https://kr.linkedin.com/in/sanghoon-cha-56a2a4190/en