[PRESS RELEASE – Please Read Disclaimer]
• Delio Bank supports Solana, Polkadot, Tezos, Cardano, and Kusama
• Five new digital assets staking services to be launched
South Korea’s leading crypto bank Delio is on the verge of listing five new digital assets and launching a staking service.
Delio plans to release the staking service for a total of five cryptocurrencies such as Solana (SOL), Polkadot (DOT), Tezos (XTZ), Cardano (ADA), and Kusama (KSM), following the listing of those coins. Solana, Polkadot, and Tezos are currently open for deposits and withdrawals. Cardano and Kusama will go live on Delio Bank on November 4th and 8th (KST), respectively.
“Delio reflects its customers’ needs in the global market by offering services for five new digital assets,“ the company’s representative said. “We hope the launch of staking will draw global attention.”
Notably, Delio is the first and only crypto bank in South Korea to provide a Money Market Deposit Account-backed service and a Web 3.0 entity in crypto financial and blockchain services with government-level licenses such as MSB, VASP, and ISMS.
The services apply various digital asset financial services, including savings, lending, trading, and withdrawals of funds from commercial banks, converting them to digital assets. Moreover, Delio offers a 3% annual compound interest rate for Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP), which are being recognized as a new investment strategy in the era of high-interest rates.