LATTICE80 to launch Cryptocurrency Exchange for Institutional Investors

LONDON - May 8, 2018 - PRLog -- London headquartered global fintech hub LATTICE80 announces its plans to launch a cryptocurrency exchange for institutional investors.

In addition to the launch of a first-of-its-kind Crypto Hub (http://www.lattice80.com/worlds-largest-crypto-hub-singapore-lattice80/) in the Central Business District of Singapore, this is the second big announcement by LATTICE80 for the cryptocurrency industry. LATTICE80 is presently the world's largest Fintech Hub spread across Europe and Asia.

Most cryptocurrency exchanges in the world operate for retail investors. The institutional exchange - which is like an exchange for exchanges - will cater exclusively to institutional investors.

The institutional cryptocurrency exchange will offer liquidity to other cryptocurrency funds and exchanges via a market making engine.

LATTICE80's exchange, apart from offering the technology and platform, will also provide an institutional level of compliance to its partners.

Joe Seunghyun Cho, Co-founder and Founding CEO of LATTICE80, adds further:

"We see a strong demand in the market and yet a lack of serious institutional level service providers to support the current market's needs. LATTICE80's parent company Marvelstone Group has its own proprietary quant hedge fund systems that it will provide to build our institutional level liquidity providing services and trading engines. We shall not be competing with other exchanges that operate in the retail market, but the objective is to partner with other exchanges and to grow together to support institutional investors."

LATTICE80's KAYA Network is already live - a platform to connect Fintech and Blockchain organisations, Financial Institutions, Corporates, Governments and the Public in 200 cities globally. It is backed by an A.I. engine to identify trends and opportunities based on market data, track records of old companies, correlating custom variables developed over time. The complex machine learning algorithm crunching data in the background utilises big data to eventually be able to replace the function of a human VC to a certain extent. Private Sales of the $KAYA token as part of the first ICO round is already on.

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About LATTICE80:

LATTICE80 is a Global Fintech Hub building an ecosystem for fintech startups, corporates, financial institutions, governments, and the public to collaborate, learn, and co-create. LATTICE80 opened the World's largest Fintech hub in Singapore in Nov 2016 and is in the process of opening several branches in Europe and Asia in 2018. The project is backed by Marvelstone Group.

About Joe Seunghyun Cho:

Joe Seunghyun Cho is the Founding CEO at LATTICE80 & Co-founder and Chairman of Marvelstone Group. Marvelstone Group​ ​is 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. Headquartered in Singapore, the Marvelstone Group believes in the growth of Asia and seeks to be a cornerstone investor to bring forth positive development and social impact to local communities.

Mr Cho also sits on the committee for Singapore FinTech Association, a cross-industry non-profit platform to facilitate and support collaboration between all FinTech ecosystem participants and stakeholders. The Association plans to become an effective platform for members to engage with multiple stakeholders to find solutions to issues.

In his long investment career, Mr Cho has held various leadership positions from CEO of Yozma Ventures (including Managing Partner / Head of Private Equity of Yozma Group Asia) based out of Korea, to co-founding a hedge fund and asset management company.