Matt Ye is a New York-based entrepreneur and former quantitative trading engineer, best known as the Co-Founder and CEO of Lorenzo Protocol, an institutional-grade Bitcoin asset management platform. He previously worked in software engineering within the quantitative trading sector. ^[2]​

Early Life & Education

Matt Ye pursued his higher education at the University of Illinois at Urbana-Champaign, completing his studies in 2020. His educational background in computer science laid the groundwork for his subsequent work in quantitative trading and crypto asset management. ^[3] Some sources suggest that he may have also attended Fudan University and the National University of Singapore, although these claims have not been publicly confirmed by Ye and remain unverified. ^[4]​

Career in Quantitative Trading

Before founding Lorenzo Protocol, Ye worked as a software engineer at prominent quantitative trading firms. Public profiles indicate his affiliations with both Akuna Capital and Two Sigma, two high-profile entities in the financial sector. However, the chronology and precise details of his roles within these organizations vary according to different sources. This inconsistency highlights some of the complexities of tracing his exact career path prior to his entrepreneurial ventures. ^{[5] [2]}​

Founding of Lorenzo Protocol

Lorenzo Protocol was co-founded by Matt Ye in 2022, where he assumed the role of Co-Founder and CEO. Matt Ye is based in New York. Lorenzo Protocol is known for developing Bitcoin yield products, such as stBTC and enzoBTC, which are integrated with Babylon's staking infrastructure. The BANK governance token launched in April 2025. ^{[2] [6]}​

The design architecture of Lorenzo Protocol describes how Bitcoin deposits are routed into yield-generating sources and how users receive a liquid token representing their position, facilitating a combination of traditional finance yields with decentralized finance mechanisms. ^[2]​

Contributions to Crypto & Web3

Under Ye's leadership, Lorenzo Protocol has developed products for Bitcoin asset management. ^[2]​

Through Lorenzo, Ye has stated that Bitcoin can be used to generate yield rather than remain static, and that it can be made productive in ways comparable to assets in traditional finance. ^[2]​

Public Presence & Media

Matt Ye maintains an active presence on various professional platforms, providing insights into his work and the future of crypto asset management. He often engages in public discussions and industry events that focus on developments within the Bitcoin and broader crypto ecosystem. ^{[1] [3]}​