{"id":"rachel-yu","version":1,"language":"en","title":"Rachel Yu","hidden":false,"content":"**Rachel Yu** is a finance entrepreneur and one of the co-founders of [ALEX](https://iq.wiki/wiki/alex), a [DeFi](https://iq.wiki/wiki/defi) company operating on the [Stacks](https://iq.wiki/wiki/stacks) [blockchain](https://iq.wiki/wiki/blockchain) and inspired by traditional financial markets. [\\[1\\]](#cite-id-o4w8t4aof2e)  \n  \n# Education  \n  \nYu earned her B.S. in Mathematics and M.A. in Economics from Peking University. [\\[1\\]](#cite-id-o4w8t4aof2e)  \n  \n# Career  \n  \nRachel's investment banking career began at Goldman Sachs Asia in 2008, where she held various roles until 2016. In her last position as Executive Director of China Sales for Fixed Income, Commodity, and Currencies (FICC), she achieved significant revenue contributions through a diverse client and product portfolio, covering major institutions such as SAFE, CIC, and various banks and insurance companies. [\\[1\\]](#cite-id-o4w8t4aof2e)  \n  \nRachel was also Executive Director at J.P. Morgan Asia, leading the China Institutional sales team from 2016 to 2017. She provided structuring finance solutions to banks, security houses, and asset management companies. [\\[1\\]](#cite-id-o4w8t4aof2e)  \n  \n## ALEX  \n  \nIn April 2021, Yu and co-founder [Dr. Chiente Hsu](https://iq.wiki/wiki/dr-chiente-hsu) engaged in a conversation about [DeFi](https://iq.wiki/wiki/defi) and the current state of the [crypto](https://iq.wiki/wiki/cryptocurrency) space. During their discussion, they pondered how Yu's son, Alex, would interact with [decentralized finance](https://iq.wiki/wiki/defi) in the future. They recognized significant deficiencies in the financial engineering of the [crypto](https://iq.wiki/wiki/cryptocurrency) sector, particularly the absence of critical elements such as a yield curve and fixed-term fixed-yield lending/borrowing options. Identifying an opportunity for improvement, they envisioned a future where [decentralized finance (DeFi)](https://iq.wiki/wiki/defi) would surpass traditional finance, offering greater accessibility and inclusivity. In 2022, they founded [ALEX](https://iq.wiki/wiki/alex) alongside [Chan Ahn](https://iq.wiki/wiki/chan-ahn), CTO of [ALEX](https://iq.wiki/wiki/alex). [\\[2\\]](#cite-id-2hcq966rd6d)","summary":"Rachel Yu is a finance entrepreneur, co-founder of DeFi company ALEX, and former executive director of Goldman Sachs Asia with a background in mathematics and e...","categories":[{"id":"people","title":"People in crypto"}],"promoted":0,"tags":[{"id":"Founders"},{"id":"PeopleInDeFi"}],"metadata":[{"id":"references","value":"[{\"id\":\"o4w8t4aof2e\",\"url\":\"https://www.linkedin.com/in/rachel-yu-alex/?originalSubdomain=hk\",\"description\":\"Rachel Yu | LinkedIn\",\"timestamp\":1712686529427},{\"id\":\"2hcq966rd6d\",\"url\":\"https://medium.com/alexgobtc/alex-defi-newsletter-1-a-letter-from-chiente-hsu-5bba5650211c\",\"description\":\"A Letter from Chiente Hsu | ALEX Blog\",\"timestamp\":1712686609326}]"},{"id":"twitter_profile","value":"https://twitter.com/rachel_alexgo?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor"},{"id":"linkedin_profile","value":"https://www.linkedin.com/in/rachel-yu-alex/?originalSubdomain=hk"},{"id":"previous_cid","value":"QmPTaonMZGb6j5TmqJfXzXXBPsZpFfV9wE55Qi552fkZnn"}],"user":{"id":"0xacb6c5AD52b8f605299B0d774CE97F26e3DB80c2"},"author":{"id":"0xacb6c5AD52b8f605299B0d774CE97F26e3DB80c2","profile":{"username":"JSD","avatar":""}},"media":[],"views":2,"events":[],"linkedWikis":{"founders":[],"blockchains":[]},"ipfs":"QmPTaonMZGb6j5TmqJfXzXXBPsZpFfV9wE55Qi552fkZnn","transactionHash":"0xdf7abfeb06791142f160589ec98df8379e3e5baf5a6b6b7dc451016f7559f97b","created":"2024-04-09T18:24:05.728Z","updated":"2024-04-09T18:24:05.728Z","images":[{"id":"QmSvKZRMqzm3umxmMBe1FUxdbbzfgLV7kguuayQm1icGnj","type":"image/jpeg, image/png"}]}