Dr. Thomas Zhu

Dr. Thomas Zhu is the Co-founder and Chief Executive Officer of AlloyX Group (NASDAQ: AXG). He is also the Chief Digital Asset Advisor at one of Hong Kong's largest asset managers, with AUM over USD460 billion. Formerly, he served there as Responsible Officer, Head of Digital Assets, and Head of Family Office Business, overseeing initiatives spanning stablecoin treasury management, crypto ETFs, fund tokenization, and central bank digital currency (CBDC) sandboxes.

In 2025, Dr. Zhu led the launch of Asia's first approved RWA — a compliant retail tokenized money market fund — marking a milestone in the region's financial innovation. In 2024, he spearheaded the issuance of Asia's first and largest Bitcoin and Ethereum spot ETFs. The previous year, he established the Asia RWA Workgroup to foster the tokenization of real-world assets and provide consultation for the Hong Kong Stablecoin Bill.

Before that, Dr. Zhu was an Executive Director at Goldman Sachs, where he successfully completed over 100 IPOs and financing transactions across New York, Boston, and Hong Kong — including landmark deals for Alibaba, Pinduoduo, Xiaomi, and Meituan. He also served as an Independent Non-Executive Director of a Hong Kong-listed fund (0080.HK), sitting on its Audit, Remuneration and Nomination Committees.

Dr. Zhu earned his Doctorate in FinTech from The Hong Kong Polytechnic University. He is the lead author of the first book on Real World Asset tokenization, with an English edition released by Springer Nature, the world's largest academic publisher. Dr. Zhu is the Founder and President of the Asia Blockchain Policy Institute, dedicated to advancing research and analysis of global digital asset policy developments. He is also a member of the Entrepreneurship Committee Advisory Group and serves as a vetting judge for the Cyberport Incubation Fund, contributing his expertise to support innovation in Asia's digital economy.