LATTICE80 to Conduct Initial Coin Offering (ICO) Next Year

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  • New Asset Class in Alternative Asset Portfolio: LATTICE80 wants to institutionalise this new asset class to offer a new alpha opportunity for HNWIs and institutional investors.
  • Institutional Level Compliance: Will only consider cities in the most innovative and advanced jurisdictions such as Singapore, Tokyo, London, New York, and Abu Dhabi.
  • Beyond Just an ICO: Additional plans to partner with licensed platforms to offer services ranging from a licensed cryptocurrency exchange to e-payments, and even a fully functioning digital bank.

SINGAPORE, Oct 19, 2017 — LATTICE80, the world’s largest fintech hub owned and operated by private investment firm Marvelstone Group, plans to conduct an initial coin offering (ICO) next year. Only regulated environments in the most innovative and advanced jurisdictions such as Singapore, Japan, London, New York, and Abu Dhabi will be considered. The goal is to provide an institutional-level platform to support cryptoeconomics.

LATTICE80 will partner with licensed platforms to offer services ranging from a licensed cryptocurrency exchange to e-payments, and even a full digital bank. In addition to supporting open source projects and research, it will also build a licensed platform for APIs into which fintech startups can plug-and-play their services.

Joe Seunghyun Cho, Founding CEO of LATTICE80 and Chairman of Marvelstone Group, said: “We are seeing huge demand and opportunities in ICOs globally. It is changing the demographics of the whole finance industry. We are seeing a clear need to offer a proper infrastructure to support a this new field of cryptoeconomics.”

“We would like to build a system where HNWIs and institutions can participate under properly regulated systems and compliance mechanisms. We want to institutionalise this emerging asset class to offer a new alpha opportunity, with lower co-relation to existing assets in alternative asset portfolios, for institutional investors.”

In addition to conducting an ICO next year, LATTICE80 will also open more branches and partner with various stakeholders in Singapore, Japan, London, New York, and more strategic locations in the EU, the Middle East and North Africa (MENA), and Asia.

About LATTICE80
LATTICE80 is the world’s largest Fintech Hub, headquartered in Singapore. LATTICE80 prides itself on creating an ecosystem for fintech startups, corporates, financial institutions, governments, and the public to collaborate, learn, and co-create. The mission of the hub is to help all its stakeholders connect globally.

About Marvelstone Group
Headquartered in Singapore, Marvelstone is a private investment group that develops specialised investment strategies and invests in high-potential businesses. With finance at its core, Marvelstone also has diversified investments in technology, real estate, hospitality, trading, and media. The group believes in the growth of Asia and seeks to focus on emerging markets in the region.

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