Raymond Yuan is a Chinese venture capital investor and entrepreneur known for founding CTH Group, a conglomerate focused on blockchain technology, and the Worldwide Stablecoin Payment Network (WSPN). With a career that began in traditional technology investment, Yuan shifted his focus to the crypto economy in 2016, establishing ventures in crypto investment, digital asset management, and Web3 infrastructure. ^{[1] [2]}​

Education

Yuan holds a Bachelor's Degree in Mathematics and Statistics from Wuhan University of Technology. He later earned a Master's Degree in Finance and Business from Tongji University. ^{[3] [1]}​

Career

Yuan's career spans over a decade in venture capital, marked by a significant transition from traditional technology sectors to the blockchain and digital asset industry. ^[2]​

Early Career in Venture Capital

Beginning around 2012, Yuan built a successful investment track record in China's venture capital market over more than 12 years. His early investments focused on traditional technology sectors, including semiconductors, TMT (Technology, Media, and Telecom), and Artificial Intelligence (AI). ^{[1] [2]}​

CTH Group

In 2016, Yuan founded CTH Group to formalize his move into the blockchain and crypto industries. He serves as the company's Founder, CEO, and Chairman. CTH Group operates as a parent company for three specialized business units designed to cover different segments of the crypto economy. ^[2]​

The three primary arms of CTH Group are:

• Fundamental Labs: The crypto venture capital division of the group, founded in 2016. Since its inception, Fundamental Labs has invested in over 200 companies, including cryptocurrency exchanges and projects in infrastructure, middleware, and applications. Yuan has stated that the firm's future focus will be on crypto payments, AI, and companies within the stablecoin industry's supply chain, such as withdrawal services and digital banking.
• IDEG: The digital asset management arm, responsible for providing services related to the management of digital and crypto assets.
• Atlas (Atlas Technology Group): The Web 3.0 infrastructure services division, which provides foundational technical services for the decentralized web ecosystem.

The formation and structure of CTH Group and its subsidiaries reflect Yuan's strategy to build a comprehensive presence across the blockchain landscape. ^{[3] [1]}​

Worldwide Stablecoin Payment Network (WSPN)

Yuan is the founder and CEO of the Worldwide Stablecoin Payment Network (WSPN), a stablecoin infrastructure provider. The company's stated mission is to build a global payment network using stablecoins to transition the world from "electronic payments" to "digital payments," with a goal of creating a more efficient, low-cost, and secure system.

By November 2024, WSPN had completed a $30 million seed funding round supported by six venture capital firms, two strategic investors, and several exchanges. The company's team includes professionals with prior experience at financial and technology firms such as Paxos, BUSD, Visa, Alipay, and UnionPay. In a notable appointment in September 2024, former Visa President John Partridge joined WSPN's board of directors. ^{[1] [2]}​