LATTICE80, a global fintech hub building an ecosystem for fintech startups, has strategically relocated its global headquarters from Singapore in Asia to London in Europe, according to a company announcement.
The company announced its plan to expand into several cities globally, including London, New York, and Seoul in South Korea. By relocating its global hub to London, the company said it can better support its global expansion plans in Europe, Asia, and the US this year.
LATTICE80 will still keep the operations in Singapore to cover Southeast Asia.
“Europe is one of the most progressive regions to develop business models to deal with innovation in Fintech and Blockchain. Regulations and industry standards are very well developed and adaptive to changes,” Joe Seunghyun Cho, Co-founder and Founding CEO of LATTICE80, said.
The company’s advisor, Sang Min Ki, said London is the leading Fintech Hub in the world and the regulatory body has led the industry to work together to build this.
“The UK’s market size itself is top 5 in the world and it is equivalent to the total GDP sum of Southeast Asia. It is a natural move to set up a shop here. And we would like to learn and contribute to the community as a newcomer in the market,” Sang said.
The company will announce more detailed plans in Europe and the Initial Coin Offering (ICO) to issue KAYA Token at the Money20/20 Asia event held in Singapore on March 13-15.
LATTICE80 is a Global Fintech Hub backed by Marvelstone Group, a private investment group that develops and invests in growing businesses. With finance as its core strength, it also makes diversified investments in technology, real estate, infrastructure, energy, and media.