10x Research
10x Research is a Singapore-based, privately held research firm founded in 2023 that publishes systematic cryptocurrency and cross-asset macro intelligence through four tiered subscription publications, serving professional investors, family offices, and active traders across Asia, Europe, and North America.
- Company typePrivate
- Founded2023
- HeadquartersSingapore, Singapore
- Headcount1–10
- GTM typeB2B
- OfferingServices
What 10x Research does
10x Research is a Singapore-based, privately held research publishing firm that delivers systematic cryptocurrency and cross-asset macro analysis to professional investors, family offices, and active traders. The company was founded in November 2023 by Markus Thielen, a former hedge fund CIO with more than two decades of experience at Morgan Stanley, JP Morgan, and Millennium Capital, and operates with a headcount of 1–10. Its research is built on a proprietary signal framework anchored by a 10-Factor Regime Model (refined to two core indicators) that the firm claims has identified every major Bitcoin turning point since 2022, supported by complementary proprietary indicators such as the Coinbase Bitcoin Premium Index and the STRC Funding Stress Indicator.
The firm distributes four tiered subscription publications: 10x What Matters ($899/yr, weekly cross-asset macro), 10x Market Updates ($948/yr, 3–5 reports per week on Bitcoin and crypto catalysts), 10x Trading Signals ($2,425/yr, including trade ideas, options strategies, and a live signals dashboard), and 10x CIO Strategy ($10,000/yr, bundling all publications plus direct analyst access and the regime model). All products are sold direct-to-consumer via the company website on an annual subscription basis, with no field sales force and self-serve onboarding.
Revenue is entirely recurring subscription income. The firm states it has published 764 reports, is cited by Bloomberg, CNBC, and CoinDesk, and claims subscriber reach across Asia, Europe, and North America managing in aggregate $142 billion in AUM. Marketing is digital-first, relying on website content, a free weekly email briefing, X/Twitter distribution, sample research, and a documented track record of contrarian calls rather than paid advertising.
10x Research firmographics
Firmographics- Name
- 10x Research
- Legal name
- 10x Research Pte. Ltd.
- Website
- https://10xresearch.com
- Company type
- Private
- Founded year
- 2023
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- 10x Research is a Singapore-based, privately held research firm founded in 2023 that publishes systematic cryptocurrency and cross-asset macro intelligence through four tiered subscription publications, serving professional investors, family offices, and active traders across Asia, Europe, and North America.
- Ownership category
- akta.pro rank
10x Research industry classification
Industry- Product category
- Institutional Crypto and Macro Research
- NAICS
- Portfolio Management and Investment Advice (523940), Periodical Publishers (513120)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Strategy & Thematic Research (FSACAGAG)
- akta.pro secondary industries
- Industry & Sector Research (Syndicated/Custom) (BPAHALAE), Macro & Rates Research (FSACAGAC)
Keywords
Where 10x Research is headquartered
LocationHeadquarters
- HQ city
- Singapore
- HQ country
- Singapore
- HQ region
- Asia
Offices1 record
Markets served
10x Research business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales
Revenue model
- Subscription Research Services: Four tiered subscription research publications providing cryptocurrency and macro intelligence. Revenue is recurring annual subscription-based with tiered pricing from $899 to $10,000 per year. Includes cross-asset macro research, crypto market updates, trading signals, and institutional portfolio strategy.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | 10x What Matters - Weekly cross-asset macro publication covering dollar debasement, commodities, AI scarcity, and frontier privatization. |
| Subscription | Annual | 10x Market Updates - 3-5x weekly crypto intelligence covering Bitcoin direction, on-chain signals, and crypto equity catalysts. |
| Subscription | Annual | 10x Trading Signals - High-conviction trade ideas with entry/exit/position sizing plus weekly Volatility Edge BTC/ETH options report. |
| Subscription | Annual | 10x CIO Strategy - Complete institutional research suite with regime model, portfolio allocation, and cross-asset strategy. |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels6 records
10x Research product offering
Product offeringCore offering
10x Research publishes four tiered subscription research products for professional investors, family offices, and active traders. The publications span weekly cross-asset macro research, frequent crypto market intelligence, actionable trading signals with options strategies, and a full institutional CIO suite. All products are delivered digitally via the company website with annual recurring subscriptions.
Product overview
10x Research operates as a four-publication research platform built by a former hedge fund CIO with experience at Morgan Stanley, JP Morgan, and Millennium Capital. The platform consists of four tiered subscription products: 10x What Matters (weekly cross-asset macro at $899/yr), 10x Market Updates (3–5x weekly crypto intelligence at $948/yr), 10x Trading Signals (trade ideas and options strategies at $2,425/yr), and 10x CIO Strategy (institutional suite with all publications at $10,000/yr). The platform provides institutional-grade cryptocurrency and macro research serving professional investors, family offices, and active traders across Asia, Europe, and North America.
Differentiator
Problem solved
Functional benefit
Quantifiable outcome
- Every major Bitcoin turning point since 2022 called ahead of consensus - 764 reports published
- +3 more outcomes
Companies that use 10x Research
Customer profileNamed customers6 records
Segments3 records
Ideal customer profiles3 records
10x Research technology and API
TechnologyAPI detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature6 records
10x Research partnerships and signals
Strategic signalScale indicators5 records
Recent moves6 records
Expansion highlights5 records
10x Research competitors and assessment
Company assessmentDirect peers
- Messari: Messari produces syndicated and custom crypto research, including annual 'Theses' reports, free daily research, and paid enterprise products. It competes for the same institutional and family office budget that 10x Research targets, with a comparable cross-asset framing.
- CryptoQuant: CryptoQuant provides on-chain analytics and market intelligence for professional crypto traders and institutions, including exchange flow, miner, and derivatives indicators. It is a direct competitor to the on-chain and funding-rate signal components of 10x Research's Market Updates and Trading Signals products.
- Glassnode: Glassnode is a blockchain analytics and on-chain research firm providing institutional-grade crypto market intelligence and indicators. It overlaps directly with 10x Research's on-chain signal and regime-tracking offerings and serves the same institutional and sophisticated investor base.
- Blockworks Research: Blockworks Research publishes institutional crypto research and analytics across macro, DeFi, and digital asset markets, distributed alongside a media/events business. It targets the same institutional allocator base and offers subscription products comparable to 10x Research's tiered publications.
- Delphi Digital: Delphi Digital publishes tiered subscription research covering crypto markets, on-chain analytics, DeFi, and macro theses — mirroring 10x Research's multi-tier subscription model and institutional audience. Both firms position around systematic, thesis-driven analysis rather than pure data feeds.
Broad incumbents
- CoinShares: CoinShares is a European digital asset investment manager that also publishes widely-cited weekly crypto market research (the 'CoinShares Weekly' flows and commentary). It targets institutional allocators and competes with 10x Research for mindshare among European family offices and asset managers.
- Galaxy Digital Research: Galaxy Digital Research is the research arm of full-service crypto investment bank Galaxy Digital, publishing institutional-grade crypto and macro research. It competes for the same institutional readership as 10x Research's CIO Strategy tier, but backs it with a broader trading, asset management, and capital markets platform.
Emerging players
- Fairlead Strategies: Fairlead Strategies is a research firm that applies technical and quantitative analysis, including proprietary models for Bitcoin and crypto cycles, to deliver institutional research. It is comparable to 10x Research's model-driven, regime/cycle-call approach and its institutional subscriber focus.
- The Block Research: The Block Research publishes institutional-grade data and research on crypto markets, including charts, dashboards, and analytic reports. It overlaps with 10x Research's analytics and market-structure coverage and serves a similarly institutional audience.
Regional players
- QCP Capital: QCP Capital is a Singapore-based digital asset trading firm and institutional liquidity provider that publishes daily crypto market updates and options-focused research for Asian institutions and family offices. It competes with 10x Research for the same Asia-centric institutional audience and trades-derivative intelligence share.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks5 records
Key highlights6 records
Customer concentration
10x Research social profiles
Digital presence10x Research financial estimates
Financial estimateRevenue estimate
Valuation estimate
10x Research leadership team
Management profileNumber of profiles
10x Research funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
10x Research M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about 10x Research
What does 10x Research do?
10x Research publishes four tiered subscription research products for professional investors, family offices, and active traders. The publications span weekly cross-asset macro research, frequent crypto market intelligence, actionable trading signals with options strategies, and a full institutional CIO suite. All products are delivered digitally via the company website with annual recurring subscriptions.
Is 10x Research a public or private company?
10x Research is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was 10x Research founded?
10x Research was founded in 2023. It employs 1 to 10 people.
Where is 10x Research based?
10x Research is headquartered in Singapore, Singapore, in the Asia region.
How does 10x Research make money?
One revenue line is on record: subscription Research Services.
Who are 10x Research's main competitors?
Direct peers on record are Messari, CryptoQuant, Glassnode, Blockworks Research and Delphi Digital. Broad incumbents are CoinShares and Galaxy Digital Research. Emerging players are Fairlead Strategies and The Block Research. QCP Capital is listed as a regional player.
Does 10x Research have an API?
No public API is recorded for 10x Research.
What industry is 10x Research in?
10x Research's product category is Institutional Crypto and Macro Research. Its primary akta.pro industry code is FSACAGAG, Strategy & Thematic Research, with a secondary code of BPAHALAE, Industry & Sector Research (Syndicated/Custom). Its NAICS code is 523940 and its SIC code is 6282.