Hudson River Trading co-founders launched Chaincode Labs in 2014.

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On-chain news reveals that HRT co-founders Alex Morcos and Suhas Daftuar launched Chaincode Labs in 2014. This Bitcoin R&D hub in Midtown Manhattan supports independent innovators in the Bitcoin ecosystem. Token launch news highlights the continued influence of HRT alumni, including Meta’s Alexandr Wang, Hyperliquid’s Jeff, and Cognition’s Scott Wu, who once interned at the firm.

In 2014, two co-founders of Hudson River Trading, Alex Morcos and Suhas Daftuar, founded Chaincode Labs. According to Jinsecai, on October 19, Meta’s Chief AI Officer Alexandr Wang posted a photo on Twitter with Jeff, founder of Hyperliquid, and Scott Wu, founder of Cognition—all three had previously interned at HRT (Hudson River Trading). Hunter Horsley, CEO of Bitwise, retweeted the post, noting that the two HRT co-founders established Chaincode Labs in 2014. Chaincode Labs is a Bitcoin research and development center located in Midtown Manhattan, dedicated to advancing the Bitcoin network and providing resources to independent innovators within the Bitcoin ecosystem. The sole purpose of Chaincode Labs is to support and develop Bitcoin.

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