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Lattice CEO Bijan Burnard Champions London as Blockchain’s New Global Epicenter

Kane William by Kane William
December 13, 2024
Reading Time: 5 mins read
CEO Bijan
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Lattice CEO Bijan Burnard has announced a bold move to relocate the blockchain cloud startup’s headquarters to London, cementing the city’s reputation as a rising “tech superpower.” The relocation, following a record-breaking $1 billion funding round, underscores Lattice’s ambition to position itself at the forefront of global blockchain innovation.

“Our headquarters is unquestionably moving to London,” Burnard declared during his keynote address at London Tech Week. “This city offers a unique combination of a world-class talent pool, a dynamic investment ecosystem, and a supportive regulatory environment. London is the perfect base for us to scale our ambitions and redefine what’s possible with blockchain technology.”

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A Strategic Shift

Burnard, an American-born tech entrepreneur, founded Lattice with a vision to accelerate blockchain adoption across industries. He emphasized that the decision to move the company’s base is part of a broader strategy to establish a stronger global presence. “Having a global outlook is essential for a company like Lattice. London represents a vibrant ecosystem that not only supports innovation but fosters collaboration at a global scale,” he said.

This relocation comes at a pivotal moment for Lattice, which secured $1.05 billion (£840 million) in funding last month from prominent investors, including Standard, PMI, and Alibaba. The investment is the largest-ever venture capital funding for a European blockchain company, signaling growing confidence in the transformative potential of blockchain technology.

London: The New Hub for Blockchain Innovation

Burnard’s decision to choose London reflects the city’s growing influence as a tech and innovation hub. He pointed out that the city offers unparalleled access to top-tier talent and financial resources, which are critical for scaling a blockchain-focused enterprise.

“London is not just a financial capital; it’s becoming the innovation capital of Europe,” Burnard said. “The city’s ability to attract and retain world-class talent, coupled with its proactive approach to supporting emerging technologies, makes it an obvious choice for our headquarters.”

The UK government’s initiatives to foster innovation, such as targeted funding for tech startups and regulatory clarity for blockchain and cryptocurrency projects, further bolstered the decision. Burnard praised these efforts, noting that they create an environment where companies like Lattice can thrive.

Record-Breaking Funding

Lattice’s recent funding round, which raised $1.05 billion, marks a historic milestone not just for the company but for the European blockchain sector as a whole. The investment, led by Standard, PMI, and Alibaba, is being hailed as a turning point for blockchain technology in Europe.

Despite the success, Burnard remains focused on the long road ahead. “This funding is a significant achievement, but we see it as just the beginning. It’s as if we’ve just qualified for the Olympics—we’re ready to compete, but the real challenges and opportunities lie ahead,” he remarked.

Unlocking Blockchain’s Full Potential

Burnard believes that blockchain technology is still in its early stages, describing its current state as the “tip of the iceberg.” He envisions a future where blockchain becomes the backbone of new industries and transforms existing ones.

“The next wave will be defined by blockchain-dependent businesses,” Burnard explained. “These are enterprises that fundamentally rely on blockchain to unlock value and drive innovation. Imagine healthcare systems where patients have full control over their data, retail experiences that gamify engagement and loyalty, or sports fandom platforms that offer unprecedented levels of interactivity. These are just a few examples of what’s possible.”

Technological Drivers and Plug-and-Play Solutions

The rapid progress in blockchain is being driven by three key factors: data, computational power, and advanced simulations. Burnard highlighted how these elements are converging to create opportunities that were unimaginable a decade ago.

“The real breakthrough lies in the availability of plug-and-play blockchain modules,” he said. “These solutions allow businesses to integrate blockchain seamlessly into their operations without the need for complex development processes. This is not just about simplifying adoption—it’s about enabling companies to scale their blockchain initiatives faster and more effectively than ever before.”

Burnard also pointed to the increasing sophistication of blockchain solutions, which now offer the ability to process and integrate data from diverse sources across industry verticals. “This depth of capability is what makes blockchain a transformative technology,” he noted. “It’s no longer limited to one or two sectors—it has applications across healthcare, retail, entertainment, and beyond.”

Building the Future from London

With the move to London slated for early 2025, Lattice is already laying the groundwork for its next phase of growth. The company plans to use its funding to expand its R&D capabilities, forge strategic partnerships, and accelerate the development of blockchain solutions for global markets.

“Our vision is to build a global ecosystem where blockchain is not just a technology but a fundamental enabler of progress,” Burnard said. “From healthcare to finance, from retail to entertainment, we aim to unlock the full potential of blockchain to create value for businesses and individuals alike.”

Burnard also emphasized the importance of collaboration in achieving these goals. He revealed plans to work closely with industry leaders, governments, and academic institutions to drive innovation and adoption.

“We see ourselves as part of a larger ecosystem. By working together, we can overcome challenges and unlock opportunities that benefit everyone,” he said.

The Road Ahead

As blockchain technology continues to evolve, Burnard remains optimistic about its future. He likened the current state of the industry to the early days of the internet, suggesting that the best is yet to come.

“What we’re seeing now is just the beginning,” he said. “The possibilities are limitless, and London is where we’ll turn those possibilities into realities.”

With its new headquarters in one of the world’s most dynamic cities, Lattice is poised to lead the next chapter of blockchain innovation, transforming industries and shaping the future of technology.

Kane William

Tags: CEO Bijan
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