Singapore's fintech hub Lattice 80 appointed a former Korean senator to its board of advisers and plans to conduct its own initial coin offering.

Sang Min Kim has joined the company’s board of advisers of Lattice 80, according to a statement sent on Monday. He was the youngest senator in the ruling party, Liberty Korea Party, during the last presidency. As a member of national policy committee, he oversaw regulatory bodies and also spearheaded the committee for financial innovation.

«South Korea has became one of the most important markets for Crypto and Blockchain. His knowledge and experience will be a great help to guide Lattice 80 to expand globally,» Joe Seunghyun Cho, founding CEO of Lattice 80 and chairman of Marvelstone Group, said.

Budding Ecosystem

Singapore's fintech hub Lattice 80 has opened its first space in November 2016 and plans to expand globally to build an ecosystem to connect governments, financial institutions/corporates and fintech startups.

To support this budding ecosystem, having experienced advisors on board will bring new perspectives to the team. Lattice 80 recently announced to conduct its own initial coin offering (ICO) and will start private sales globally.