01
May 2025
Strategy launched with almost $1 million in internal capital
The strategy began live trading with internal seed capital, marking the start of the strategy’s live track record.
$Internal Capital
CWM’s systematic market-neutral strategy across liquid digital asset markets has been live since May 2025.
For qualified investors only. Not an offer to sell or a solicitation to invest.
About CWM Trading
CWM Trading brings together experienced high-frequency trading technologists and researchers from traditional finance. Our core trading strategy has been live since May 2025, combining proprietary execution technology with systematic research in digital asset markets.
Our philosophy is simple: “The safer, the better.” We seek attractive risk-adjusted returns through hedged positions, active monitoring, and disciplined exposure controls.
The safer, the better — we maximize returns while rigorously managing risk at every step.
Risk & Security
Risk-aware portfolio construction, exposure limits, automated monitoring, and account-level security.
Our Team
A team of experienced HFT technologists and researchers from the TradFi sector, dedicated to combining cutting-edge technology with deep market insights.
Blockchain Infrastructure · Digital Asset Research
Co-Founder and CEO of Injective. Previously researched blockchain protocols and quantitative trading strategies at Innovating Capital.
Research & Development · Investor Relations
17+ years in high-frequency trading. Previously Goldman Sachs Interest Rates Systematic Market Making and Tower Research Capital in New York.
Trading Infrastructure · Operations
Leads ultra-low-latency C++ systems and day-to-day trading. Previously Kronos Research, Anti Capital, JP Morgan, Point72 and RBC.
Milestones
Key milestones in the development and scaling of CWM’s trading strategy, following the strategy’s launch in 2025.
The strategy began live trading with internal seed capital, marking the start of the strategy’s live track record.
Within one month of launch, internal capital reached seven-figure scale and established a stronger base for growth.
By the fourth quarter, capital had continued to build, reinforcing steady early momentum behind the strategy.
The first SMA went live at seven-figure scale, marking the strategy’s first external SMA milestone.
Additional capital was added to the first SMA, showing growing external confidence in the strategy.
A second SMA was secured within the same month, demonstrating early repeatability in external capital formation.
Contact Us
For institutional inquiries and further information about CWM's trading approach, please use the inquiry form.
Founder
Mr. Chen is the Co-Founder and Chief Executive Officer of Injective, where he leads the development and growth of Injective, a blockchain infrastructure platform focused on decentralized financial applications and on-chain markets. Prior to co-founding Injective, he worked at Innovating Capital, where he conducted research on blockchain protocols and quantitative trading strategies, including market-neutral strategies in digital assets. He also participated in NYU Blockchain Labs and studied Business and Computer Science at New York University before leaving to focus full-time on building Injective.
Founder
Mr. Miaw brings over 17 years of experience in high-frequency trading. He co-leads research and development alongside Chung-Ying and serves as the primary point of contact for investor relations. He previously served on the Interest Rates Systematic Market Making desk at Goldman Sachs Co. in New York, and prior to that, he worked as a senior developer at Tower Research Capital in New York. He holds a Master’s degree in Computer Science from Columbia University, USA.
Founder
Mr. Wu leads the development of our ultra-low-latency C++ trading infrastructure and oversees all day-to-day trading operations. Previously, he served as a tech lead at Kronos Research in Taipei. Previously he worked at several trading firms, hedge funds, and investment banks, namely, Anti Capital, JP Morgan, Point72, and RBC in New York. He holds a Master’s degree in Computer Science from Columbia University, USA.