Delio (CEO James Jung), a leader in digital asset finance in Korea, launches Crypto Bank service and expands its business into a digital bank.
Since its founding in 2018, Delio has been leading the Korean crypto financial market by offering various of financial services related to digital assets, including savings and landing products. According to the report on blockchain and digital assets issued by the Korean government last year, Delio was listed as the top digital asset company in Korea.
Delio has consistently expanded and diversified its crypto finance-related services such as PBS (Prime Brokerage Service), DEX “Delioswap,” and NFT marketplace “01etc,” generating a cumulative transaction volume of KRW 2.4 trillion in 2021 making Delio Korea’s safest fund operating company.
Delio was the first company in Korea to receive a VASP license to operate crypto lending and savings services. As an institutional crypto-financial organization, Delio offers a range of financial services in compliance with the legal guidelines set out by financial authorities after establishing a U.S.-side corporation and acquiring a U.S. MSB (Money Services Business) license.
Meanwhile, Delio aims to become a Web 3.0 company by building and expanding the …
Full story available on Benzinga.com