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Korean crypto bank partners with Blockdaemon to offer retail staking services

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cointelegraph.com

Crypto-focused finance company Delio has partnered with Blockdaemon to launch retail-focused staking services, giving customers a more seamless way to earn rewards on their digital asset holdings.Delio’s staking services expand its existing crypto-bank offerings, which include lending, deposits and deposit accounts, the company announced Thursday.

The new service offering is powered by blockchain infrastructure provider Blockdaemon, which provides a suite of institutional staking products.

While Delio didn’t specify which crypto assets will be included in the new staking services, Blockdaemon currently supports integration with over 60 blockchains.

Delio representative James Jung also clarified that the firm also plans “to offer a variety of crypto asset financial services for users outside of Korea."Founded in 2017, Blockdaemon achieved unicorn status last year after securing $155 million in a Series B funding round.

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