Caladan
Caladan, formerly AlphaLab Capital, is a global digital-asset proprietary trading firm providing market making and liquidity services, with early-stage investments in blockchain and fintech.
Caladan is a global proprietary trading firm for digital-asset markets, founded in 2017 and formerly known as AlphaLab Capital. Its core business aggregates fragmented liquidity and provides tailored trading services to exchanges, token teams and institutional investors. The firm connects to more than 65 trading venues and prices more than 110 digital assets, combining global liquidity aggregation with proprietary pricing signals and low-latency technology.
The product suite spans market-making on centralized and decentralized exchanges, API-based access to liquidity across crypto spot markets and contracts for difference (CFDs), and over-the-counter options and structured products used for yield, hedging and directional positioning. Technical work is concentrated in algorithmic trading, market making, liquidity aggregation and blockchain infrastructure, with additional exposure to decentralized finance (DeFi).
Alongside the trading business, Caladan makes early-stage investments in blockchain and financial-technology companies, with stated interest in blockchain infrastructure and DeFi. Founder support is a described component of the investment activity, reflecting a stated focus on making fragmented markets more accessible. The firm operates on a global basis.