[Delio] Delio’s New Crypto Deposit with 15% APR Hits $27 Million in 2 Weeks
Delio, South Korea’s qualified Virtual Asset Service Provider (VASPs) announced it has attracted over $27 million deposits in just 2 weeks after the launch of a brand-new BTC and ETH deposit service with 15% APR.
Delio provides BTC, ETH, USDT, USDC, XRP, DAI short-term deposit services up to 3 months since its obtainment of Virtual Asset Service Provider (VASPs) license this January. Lately, as digital assets are recognized as investment assets, the company began to provide 12-month deposit services.
Generally, BTC and ETH deposits provide interest rates of around 6% on average in the industry. James, Jung, the CEO and founder of Delio explained that he has launched deposit products with an exceptional interest rate to help customers diversify their long-term wealth management and investment portfolio. Delio is attracting users from more countries and regions through its global strategic deployment.
The recent war crisis in Ukraine has brought uncertainty into the global investment sector. As a result, investors are redirecting their cash flows into savings accounts that can secure relatively stable profits.
“Delio introduced mid- to long-term deposit services to meet the needs of its users and the services will be diversified with promising altcoins and stablecoins in the imminent future,” says James. He also adds, “We have built trust between the company and customers by providing only secure products under control and supervision of the relevant financial authorities.”
Delio Digital Asset Finance Group, established in 2018, is a leading fintech company based in Seoul, South Korea, with a 600% Year-over-Year growth rate in 2021. Delio is a qualified Virtual Asset Service Provider (VASP) in Korea and a qualified Money Service Business (MSB) Provider in US.