Crypto Market Maker Caladan Expands Operations To The U.S., Opening Its New York Office
The expansion into the US brings together two crypto-intensive regions – Asia and North America – aiming to revolutionize crypto markets within the regulatory standards being set globally.
Caladan, a leading crypto market-making and crypto trading firm primarily in Asia, has announced its expansion to the U.S. market. According to the team statement, the expansion to the U.S. will be accompanied by the opening of a representative office in New York City. The move aims to grow Caladan’s business operations in North America, following the recent change in crypto regulatory discourse in the U.S.
Since February last year, the U.S. has held softer views on crypto regulation, leading to additional opportunities that make the field more transparent and expand institutional adoption in crypto markets. Caladan’s move into the U.S. is in line with the regulatory changes, following an 8-year growth in Asia.
Julia Zhou, COO at Caladan, believes the move to the U.S. will mark a “pivotal moment” in the crypto sector as well as traditional financial markets. According to Zhou, the recent regulatory clarity in the U.S. was key to Caladan opening its offices in New York.
“Regulatory clarity is unlocking new pathways for innovation, and Caladan is uniquely positioned to bring the high-efficiency standards and bold execution we’ve developed in Asia to the U.S. market,” Zhou stated. “We’re also actively exploring appropriate regulatory pathways, including potential broker-dealer registration and FINRA membership, in alignment with our long-term commitment to regulatory alignment.”
With deep roots in Asia’s fast-moving crypto markets, Caladan brings a battle-tested blend of executional efficiency, compliance rigour, and ecosystem-first thinking to the evolving U.S. landscape. In addition, the move to the U.S. also blends into Caladan’s long-term belief in the region as a key growth market. To ensure the growth of its operations in the U.S., Caladan also plans to allocate at least 5% of its global headcount to the new New York office.
“It’s not just about operating in the U.S., we want to help shape the rules-based future of crypto markets with full transparency and accountability,” Zhou added.
Since launching its services in 2017, the company has grown to over $50B in annual trading volume across 1,000+ digital assets and 65+ global exchanges. It provides the infrastructure and experience to grow and stabilize exchanges, tokens, and institutional investors with on-exchange liquidity, DeFi expertise, treasury solutions, and investments.
Caladan Introduces New Hires For US Office
The merging of its Asia and U.S. markets is expected to enable clients to access global liquidity and insights with unmatched speed and reliability.
As such, Caladan has introduced a team of experienced leaders to spearhead its U.S. operations, operating from the US office in NYC. Caladan has onboarded three industry leaders, spearheaded by Gian-Paul Caccia. They have experience from both crypto heavyweights, such as Coinbase, and traditional finance leaders such as BlackRock, Bank of America, and Cowen Digital. These hires reflect Caladan’s strategic vision: to blend world-class operational rigour with forward-looking compliance strategies tailored to emerging U.S. standards.
The New York office is expected to play a central role in expanding its global operations, forging institutional relationships, deepening regulatory engagement, and accelerating its strategic footprint in the U.S. The new offices will serve as a bridge between Asia’s advanced crypto market structures and the growing institutional momentum in the United States.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
