London-based fintech hub Lattice 80 has launched a Crypto Asia Index to help institutions and Asian retail investors better understand the market.
«A significant portion of liquidity in the crypto market is coming from Asia, yet most indicators have limited sources and are denominated in dollar,» said Joe Seunghyun Cho, founder and CEO of Lattice 80 on Monday. «That’s why we have developed the Lattice 80 Crypto Asia Index to help the industry understand the market better.»
«When cryptocurrencies had a huge premium in Korea (Kimchi Premium) last year, it wasn’t factored into available indexes yet. Moreover, significant liquidity is coming through the OTC market, yet we don’t have indicators to monitor it,» he added.
Second ICO Round
The Lattice 80 Crypto Asia Index will be made available to registered users first. A structured model portfolio will be offered via partner companies soon. Lattice 80 recently issued NEM-based KAYA tokens and closed the first round of its ICO covering more than $5 million. The second round will continue through the end of October 2018.
