Jeremy Ng
Jeremy Ng is a Singapore-based finance and fintech executive and the Founder and CEO of OpenEden, a financial technology company that specializes in tokenizing real-world assets (RWAs) on blockchain networks. He previously held senior roles at Goldman Sachs, Morgan Stanley, Deutsche Bank, Leonteq, and Gemini before founding OpenEden with Eugene Ng to bridge traditional finance (TradFi) with decentralized finance (DeFi) by bringing regulated financial instruments onto blockchain technology.[1][4]
Education
Jeremy Ng holds the Chartered Financial Analyst (CFA) designation, a professional credential awarded by the CFA Institute that emphasizes expertise in investment analysis, portfolio management, and ethical standards. He obtained the charter in January 2002, reflecting formal training in finance and investment disciplines, though his publicly available profiles do not specify a particular degree or academic institution.[4]
Career
Jeremy Ng began his career in the financial sector with Goldman Sachs, where he initially served as an intern in the Equities Division in 1999-2000. He then progressed to become an Analyst in the Investment Management Division at Goldman Sachs from 2000 to 2003, which served as a basis for later working with DeFi.[4]
From 2003 to 2006, Ng worked as a Portfolio Manager in the Private Wealth Management division at Morgan Stanley, where he gained experience in managing investment portfolios for high-net-worth clients. He then moved to Deutsche Bank, where he served as Director of Structured Products Distribution in the ICG Debt, Global Markets division from 2006 to 2010.[4]
Ng returned to Goldman Sachs in 2010, taking on the role of Head of Hong Kong and Singapore for Cross Asset Derivatives in the FICC (Fixed Income, Currency, and Commodities) Division. He held this position until 2015, further developing his expertise in complex financial instruments and markets across Asia.[4]
From 2015 to 2020, Ng served as Managing Director and CEO for Asia at Leonteq, a Swiss fintech company specializing in structured investment products. This role expanded his experience in financial technology and leadership within the Asian market.[4]
In 2020, Ng moved into the cryptocurrency industry when he joined Gemini, a regulated cryptocurrency exchange and custodian founded by the Winklevoss twins. As Managing Director and Head of Asia-Pacific (APAC) from June 2020 to December 2021, he was responsible for expanding Gemini's presence in the region and navigating the regulatory landscape for digital assets.[4]
OpenEden
In December 2021, Jeremy Ng co-founded OpenEden with Eugene Ng and became Founder and CEO of OpenEden Group, which operates a regulated platform focused on bringing real-world assets to blockchain networks through licensed entities in Bermuda and the British Virgin Islands.[1][4] OpenEden’s first major product, TBILL, is a tokenized U.S. Treasury Bills fund launched in 2023 that has an investment grade “A” rating from Moody’s.[7][8] In 2025, the BNY-managed TBILL Fund was also awarded ‘AA+f’ fund credit quality and ‘S1+’ fund volatility ratings by S&P Global Ratings.[6]
Under Ng's leadership, OpenEden has expanded beyond TBILL to launch OpenDollar (USDO), a regulated, yield-bearing stablecoin pegged 1:1 to the U.S. dollar and fully backed by tokenized U.S. Treasuries held via the OpenEden TBILL Vault.[5] USDO is issued by OpenEden Digital, a Bermuda-based affiliate that holds a Digital Asset Business Act license and is prudentially regulated by the Bermuda Monetary Authority.[5][1] Affiliates of BNY Mellon have been appointed as investment manager and primary custodian for the TBILL Fund’s underlying assets, integrating a large global custodian and asset manager into OpenEden’s tokenization infrastructure.[7][6]
By late 2025, OpenEden’s platform had grown into the mid-hundreds of millions of dollars in assets, with the TBILL Fund reaching approximately $247 million in assets under management as of September 2025 and around $286 million in TBILL TVL, while USDO recorded about $277 million in TVL across DeFi integrations.[6][8] Through these developments, Ng’s role has centered on building a regulated RWA tokenization platform that connects institutional investors and DeFi users to on-chain exposure to U.S. Treasuries and related fixed-income strategies.[1]
