JL Capital Logo
Founded 2021Singapore and Hong KongSystematic Crypto

JL Capital

We are a systematic crypto investment firm focused on consistent, risk-adjusted returns. We pair institutional research discipline with deep community reach to give investors a clear, professional path into digital assets.

Quant researchRisk-first allocationWeekly briefingsYuanziguan community 300k+
76.9%
CAGR
as of Q3 2025
2.22
Sharpe
risk-adjusted
-6.5%
Max DD
in quarter
+21.5%
Q3 Return
capital deployed

At a Glance

Full Name
JL Capital
Type
Crypto Asset Management
Founded
2021
Headquarters
Singapore
Other Offices
Hong Kong
AUM
US$45M+
Co-Founders
Atom Liang, Jo
Focus
Bitcoin, Ethereum
Activities
Quant Trading, Mining, Research
Community
Yuanziguan (300K+ investors)
Website
www.jl.capital

Who we are

Founded in 2021, JL Capital blends quantitative research with professional fund management. Our Yuanziguan brand connects with more than 300,000 investors across Chinese platforms and anchors our weekly market sessions.

Today we manage over US$45m AUM and are actively expanding into low-risk and offset strategies, including our Bitcoin mining initiative.

Our philosophy

We see crypto as a permanent part of global finance, not a speculative niche. Our philosophy is built on risk discipline, systematic transparency, and awareness of market cycles.

The goal is simple: protect capital first, participate fully in upside phases, and let compounding work over time. This approach is embodied in the JL Signal, which converts market complexity into clear, actionable exposure levels.

The JL Signal

Our core framework is the JL Signal, a daily index that guides allocation across Bitcoin, Ethereum, and stable assets. It aggregates more than 25 indicators into four baskets: momentum, holder supply, macro liquidity, and sentiment and flow. The Signal outputs a 0 to 1 reading of market risk that maps directly to target exposure.

0.0 add risk0.5 neutral1.0 de-risk
Buy weakness, trim strength

Capture upside while controlling loss and variance.

Adaptive allocation

Weights adjust with regime, on chain activity, and flows.

Risk first

Quarterly drawdowns capped by design to keep compounding intact.

Track record

Risk-adjusted outperformance

Selected metrics shown above. Detailed quarterly reports available on request.

JL Signal (normalized)BTC (normalized)

Team

Atom Liang
Atom

Co-Founder and Strategy Lead. Oversees investment strategy, fundraising, and all external relations across the Chinese and global crypto ecosystem.

Jo
Jo

Co-Founder, Fund Manager, and Product Lead. Designs quantitative frameworks, manages portfolio operations, and drives signal development.

JL Capital
Research and Ops

Analysts, developers, and operations supporting signal research, risk, compliance, and reporting.

Frequently Asked Questions

What is JL Capital?

JL Capital is a Singapore-based Bitcoin and crypto asset management firm founded in 2021. The firm manages over US$45 million in assets under management (AUM), combining systematic quantitative trading with Bitcoin mining operations.

Who founded JL Capital?

JL Capital was co-founded by Atom Liang (Strategy Lead) and Jo (Fund Manager & Product Lead) in 2021.

What does JL Capital do?

JL Capital operates three main business lines: (1) systematic Bitcoin and Ethereum trading using the proprietary JL Signal framework, (2) Bitcoin mining operations in North America, and (3) publishing daily, weekly, and monthly crypto market insights.

Where is JL Capital based?

JL Capital is headquartered in Singapore with operations in Hong Kong. The firm serves global investors.

What is the JL Signal?

The JL Signal is JL Capital's proprietary daily index that guides allocation across Bitcoin, Ethereum, and stable assets. It aggregates 25+ indicators across four baskets: momentum, holder supply, macro liquidity, and sentiment/flow.

How has JL Capital performed?

As of Q3 2025, JL Capital has achieved a 76.9% CAGR with a Sharpe ratio of 2.22 and a maximum quarterly drawdown of -6.5%.

Is JL Capital the same as JL Capital Group?

No. JL Capital (www.jl.capital) is a Singapore-based crypto asset management firm. It is not affiliated with JL Capital Group (US private equity) or JL Capital (Hawaii real estate).

Get in touch

We share weekly insights and detailed performance reports on request.