Entropy Trading Group

Entropy Trading Group treats raw blockchain data as a primary trading signal rather than a side feed. It built the ETG Research Lab around a parallel simulation engine specifically to mine on-chain activity for crypto market microstructure, the kind of in-house research apparatus most small shops never attempt.

The firm works both sides of the Pacific, co-based in New York and Seoul, trading across a wide spread of exchanges and pairs. Its leadership draws on alumni from Tower Research Capital, Athena Capital Research, and Goldman Sachs, with backgrounds spanning quantitative trading and electrical engineering.