{"id":"leo-zhang","title":"Leo Zhang","content":"**Leo Zhang** is a crypto entrepreneur and the founder of Alkimiya and 42space. His work focuses on financial instruments and decentralized event launch platforms related to [Bitcoin](https://iq.wiki/wiki/bitcoin) blockspace and hashrate derivatives.\n\n## Early Life & Education\n\nLeo Zhang attended Stanford University and graduated with a bachelor's degree in mathematics. His academic background informed his later work in financial technology and cryptocurrency. [\\[1\\]](#cite-id-9krW5Mnz44TSo7Iw)​\n\nWhile at Stanford, Zhang co-founded The Opportune Time, a financial research startup. He also worked as an investment analyst at Sequoia Capital China. [\\[1\\]](#cite-id-9krW5Mnz44TSo7Iw)​\n\n## Career\n\nZhang took a new role at Morgan Stanley Global Capital Markets as an equity derivatives analyst, where he worked on derivatives and market dynamics. Before founding Alkimiya, he worked at Global Atlantic, an insurance and financial services company. [\\[1\\]](#cite-id-9krW5Mnz44TSo7Iw)​\n\n### Founding Alkimiya\n\nZhang founded **Alkimiya**, a protocol intended to enable participants such as wallets, miners, and professional traders to take positions on [Bitcoin](https://iq.wiki/wiki/bitcoin) blockspace and transaction fee volatility. The protocol includes mechanisms for managing exposure to [Bitcoin](https://iq.wiki/wiki/bitcoin) fee changes, one aspect of the broader digital-asset market. [\\[1\\]](#cite-id-9krW5Mnz44TSo7Iw)​\n\nHe has discussed the commoditization of [Bitcoin](https://iq.wiki/wiki/bitcoin)'s blockspace, drawing comparisons with traditional commodity markets. He described issues faced by miners and other network participants caused by [Bitcoin](https://iq.wiki/wiki/bitcoin) transaction fee volatility, and discussed how Alkimiya's products aim to address those issues. [\\[2\\]](#cite-id-QW66VFiQkR59uzG2)​\n\n### 42space\n\nZhang is currently working on **42space**, which he described in his X profile and posts as an \"event-launchpad\" that integrates elements of prediction markets and token launchpads, where outcomes are tokenized and markets settle on outcomes. [\\[3\\]](#cite-id-vr6NW9tS9oNyXYaF)​\n\n​","summary":"Leo Zhang is a crypto entrepreneur, founder of Alkimiya, focusing on Bitcoin blockspace and hashrate derivatives. He's now developing 42space, an 'event-launchpad.'","images":[{"id":"QmWCqrzGv4FheQ22WWHkvnqN9ztuWNNcobVWbNDGKWW6Fc","type":"image/jpeg, image/png"}],"categories":[{"id":"people","title":"People in crypto"}],"tags":[{"id":"Bitcoin"},{"id":"Developer"},{"id":"Founder"},{"id":"Speaker"}],"media":[],"metadata":[{"id":"twitter_profile","value":"https://x.com/Leozayaat"},{"id":"references","value":"[{\"id\":\"9krW5Mnz44TSo7Iw\",\"url\":\"https://www.cypherhunter.com/en/p/leo-zhang/\",\"description\":\"CypherHunter\",\"timestamp\":1787120570481},{\"id\":\"QW66VFiQkR59uzG2\",\"url\":\"https://www.rootdata.com/member/Leo%20Zhang?k=OTU1Mg%3D%3D\",\"description\":\"RootData\",\"timestamp\":1787120570481},{\"id\":\"vr6NW9tS9oNyXYaF\",\"url\":\"https://x.com/Leozayaat\",\"description\":\"Zhang's X Profile\",\"timestamp\":1787120570481}]"},{"id":"previous_cid","value":"\"https://ipfs.everipedia.org/ipfs/QmWTsSPzfxmyrc1kSrr5YgqW4TCmuTAp97JRhaijjS739u\""},{"id":"commit-message","value":"\"Updated wiki content; reordered tags to Bitcoin, Developer, Founder, Speaker; changed category to People in crypto; events 2→4; image updated\""},{"id":"previous_cid","value":"QmWTsSPzfxmyrc1kSrr5YgqW4TCmuTAp97JRhaijjS739u"}],"events":[{"date":"2023-07-01","title":"Founded Alkimiya","type":"CREATED","description":"Leo Zhang founded Alkimiya, a protocol enabling traders to hedge against Bitcoin blockspace and transaction fee volatility.","link":null,"multiDateStart":null,"multiDateEnd":null,"continent":null,"country":null,"id":"526a0d14-af06-45ae-b769-543eb2d6bcaa"},{"date":"2025-09-01","title":"Started 42space","type":"DEFAULT","description":"Began work on 42space, blending prediction markets and token launchpads, framed as an 'event-launchpad.'","link":null,"multiDateStart":null,"multiDateEnd":null,"continent":null,"country":null,"id":"3f8aec7d-3df8-46f7-ab4c-09dbb3f8feec"}],"user":{"id":"0x8af7a19a26d8fbc48defb35aefb15ec8c407f889"},"author":{"id":"0x8AF7a19a26d8FBC48dEfB35AEfb15Ec8c407f889"},"operator":{"id":"0x1E23b34d3106F0C1c74D17f2Cd0F65cdb039b138"},"language":"en","version":1,"linkedWikis":{"blockchains":[],"founders":[],"speakers":[]},"recentActivity":"{\"items\":[{\"id\":\"95d57fe2-79b4-4b0a-bd4c-4008b763f886\",\"title\":\"Leo Zhang\",\"description\":\"Leo Zhang is a crypto entrepreneur, founder of Alkimiya, focusing on Bitcoin blockspace and hashrate derivatives. 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