Last week, fintech startup seriesOne announced it has appointed Kaine B. Kim, the former Deputy Director of South Korea’s Financial Commission, as Head of Legal & International Development. According to seriesOne, Kim will assist clients and stakeholders in accessing the South Korean and other Asian capital markets while ensuring compliance with international law, evolving structures, and governing bodies. Speaking about Kim’s appointment, Michael Mildenberger, Founder and CEO of seriesOne, stated:
“We are very excited to have Mr. Kim join the seriesOne team. His direct experience and cutting-edge expertise will allow our clients to raise money through our platform not only in the US, but also in other major Asian capital markets. This is yet another important step in offering our clients a fully compliant, 24/7, global fundraising solution.”
Kim is a U.S.-licensed lawyer and has practiced law in the US, Hong Kong, and South Korea. As a former deputy director of the FSC in South Korea, Kim has the ideal background for overseeing implementation of new know-your-client (“KYC”) and anti-money-laundering (“AML”) policies. Kim has also reportedly consulted on several eight-figure transactions including initial coin offerings (“ICO”), crypto deals, mergers and acquisitions (M&A) and traditional fundraising. In regards to his new position at seriesOne, Kim added:
“I’m excited to join seriesOne at a time of rapid expansion for the company as well as the overall blockchain-fundraising space. I look forward to expanding our high-impact deal roster and contributing through my extensive experience and industry knowledge.”
Founded in 2013, seriesOne describes itself as an SEC compliant crowdfunding portal designed to liberate corporate finance from the big banks and corporate elites that have historically dominated the space.