{"id":"haonan-li","title":"Haonan Li","content":"**Haonan Li** is a notable figure in the fields of [cryptocurrency](https://iq.wiki/wiki/cryptocurrency) and finance, currently serving as the co-founder and CEO of [Codex](https://iq.wiki/wiki/codex), a pioneering company in the [stablecoin](https://iq.wiki/wiki/stablecoin) foreign exchange (FX) space. His professional journey showcases significant contributions to the crypto ecosystem, particularly in the development of stablecoin infrastructure, protocol economics, and innovative financial instruments.  [\\[1\\]](#cite-id-mdGZ2kT1a2B5A61o) \n\n## Early Life and Education\n\nHaonan Li was born in Singapore and raised in Beijing and Andover, Massachusetts. He completed his high school education at Phillips Academy Andover. Li pursued higher education at the Wharton School of the University of Pennsylvania, an institution renowned for its business and finance programs. There, he graduated summa cum laude, indicating high academic achievement. His senior thesis gained significant attention, becoming the most read article in \"Institutional Investor\" in 2019, highlighting his early influence in financial and academic circles.\n\n## Career\n\nLi began his career in the Singapore Armed Forces, serving as an infantry platoon commander between 2013 and 2015. He later moved into finance and investment roles, working as an investment analyst at Verdad Advisers from 2017 to 2019, where he focused on quantitative investment strategies and leveraged public equity models.\n\nFrom 2019 to 2021, Li worked at Oak Hill Advisors as an investment analyst covering capital structure investments and financing transactions, including projects related to COVID-19 rescue financing.\n\nIn 2021, he joined OP Labs as an early employee focused on protocol economics. His work included token and incentive design, governance systems, and sequencer-related economic models for Layer 2 blockchain infrastructure.\n\nIn 2023, Li co-founded [Codex](https://iq.wiki/wiki/codex) and became its chief executive officer. The company focuses on stablecoin foreign exchange infrastructure and digital asset transfer systems.  [\\[1\\]](#cite-id-mdGZ2kT1a2B5A61o)  [\\[2\\]](#cite-id-7Wfg8GMpI08f18sD) \n\n## Media Appearances\n\nIn February 2026, Li appeared in an interview on ''theCUBE + NYSE Wired: Crypto Trailblazers'', hosted by John Furrier and published by SiliconANGLE theCUBE. The discussion focused on [stablecoin](https://iq.wiki/wiki/stablecoin) infrastructure, cross-border payments, foreign exchange systems, and the role of [blockchain](https://iq.wiki/wiki/blockchain)-based financial networks in international trade. During the interview, Li discussed [Codex’s](https://iq.wiki/wiki/codex) work on stablecoin settlement infrastructure and described trends related to institutional adoption, liquidity systems, and payment efficiency in emerging markets. \n\n[YOUTUBE@VID](https://youtube.com/watch?v=3gy79m1gwn4)\n\nLi also appeared on ''The Rollup'' podcast episode titled ''The $1B Volume Playbook: How Codex Cracked Stablecoin FX''. During the interview, he discussed stablecoin foreign exchange infrastructure, cross-border settlement systems, and the use of [blockchain](https://iq.wiki/wiki/blockchain)-based payment rails in developing markets. The conversation also covered Codex’s approach to combining cryptocurrency-native infrastructure with traditional financial technology practices.\n\n[YOUTUBE@VID](https://youtube.com/watch?v=MwCNe_zi3eU)","summary":"Haonan Li is the co-founder and CEO of Codex, renowned for pioneering stablecoin foreign exchange. His career includes roles in token economy design at Optimism and research contributions under Philip Tetlock.","images":[{"id":"Qmbxc8GxbV8zjpXSF5YpdbjbT9n3pj2gS2CtYkcfqkvX66","type":"image/jpeg, image/png"}],"categories":[{"id":"people","title":"people"}],"tags":[{"id":"Founder"},{"id":"Researcher"},{"id":"Developer"},{"id":"Ethereum"},{"id":"Stablecoin"}],"media":[{"id":"https://www.youtube.com/watch?v=3gy79m1gwn4","name":"3gy79m1gwn4","caption":"","thumbnail":"https://www.youtube.com/watch?v=3gy79m1gwn4","source":"YOUTUBE"},{"id":"https://www.youtube.com/watch?v=MwCNe_zi3eU","name":"MwCNe_zi3eU","caption":"","thumbnail":"https://www.youtube.com/watch?v=MwCNe_zi3eU","source":"YOUTUBE"}],"metadata":[{"id":"references","value":"[{\"id\":\"mdGZ2kT1a2B5A61o\",\"description\":\"Haonan Li's Website\",\"timestamp\":1779533973040,\"url\":\"https://www.haonan.li/\"},{\"id\":\"7Wfg8GMpI08f18sD\",\"description\":\"LinkedIn: Haonan Li\",\"timestamp\":1779533992558,\"url\":\"https://www.linkedin.com/in/haonan-li-5b6364a9/\"},{\"id\":\"QVEyqOqjllfJA9dv\",\"description\":\"Crunch Base: Haonan Li\",\"timestamp\":1779534019023,\"url\":\"https://www.crunchbase.com/person/haonan-li-8896\"}]"},{"id":"website","value":"https://www.haonan.li"},{"id":"linkedin_profile","value":"https://www.linkedin.com/in/haonan-li-5b6364a9/"},{"id":"twitter_profile","value":"https://x.com/haonan?lang=en"},{"id":"commit-message","value":"\"Added Haonan Li biography and people category\""}],"events":[],"user":{"id":"0x8af7a19a26d8fbc48defb35aefb15ec8c407f889"},"author":{"id":"0x8af7a19a26d8fbc48defb35aefb15ec8c407f889"},"operator":{"id":"0x4a2bC97afBF41a2Cbf4b4628F63420682Ff4CF2a"},"language":"en","version":1,"linkedWikis":{"blockchains":[],"founders":["codex"],"speakers":[]}}