The Accountant Quits Podcast podcast

#105: Crypto Asset Management & Fund Accounting with Damon Xu from 1Token

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Crypto funds trade across exchanges, wallets, custodians, and DeFi protocols.

Trading may be easy but reconciling everything isn’t.

In this episode, I speak with Damon Xu, Founder & CEO of 1Token, about the infrastructure behind institutional crypto asset management.

1Token is a SOC 2 certified platform used by crypto funds and asset managers to manage portfolios, risk, and reporting across CeFi and DeFi, aggregating trades, transactions, and positions across exchanges, custody, OTC desks, wallets, and protocols while automating reconciliation, NAV, and reporting.


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Damon Xu: ⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.linkedin.com/in/damon-xu-41163938/


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Topics covered:

(0:00) Coming Up

(3:12) Damon’s quant background

(6:13) Early crypto fund challenges

(8:38) About 1Token

(9:44) Crypto PMS Explained

(15:59) Get 2 months for free with Request Finance

(17:39) PMS for market maker v/s asset manager

(19:29) 1Token for fund admin

(21:47)  Comparing 1Token & Paxus, Geneva

(24:36) 1Token v/s subledger

(26:38) DeFi data

(29:27) Valuation & pricing sources

(32:38) 1Token’s risk management system

(35:49) Understanding risk curators

(40:17) How to Choose a risk curator

(42:27) 1Token feature for onchain vaults

(44:34) 1Token Demo

(50:49) Using AI in crypto funds

(54:37) Reach out to Damon

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