Delio, which claims to be South Korea\u2019s first cryptocurrency bank, is reportedly about to list Cardano\u2019s $ADA token and plans to launch a staking service for it.<\/p>\n
On 7 July 2022, Finextra reported that Delio had \u201claunched the country\u2019s first cryptocurrency bank, offering a money market deposit account (MMDA) that enables crypto deposit and withdrawal at any time.\u201d The report also mentioned that Delio, which was founded in 2018, already offered \u201ca host of crypto-related services\u201d but had recently obtained \u201ca virtual asset service provider (VASP) certificate\u201d to allow it to \u201cmove into areas such as deposits, loans and asset transactions.\u201d<\/p>\n
It went on to say:<\/p>\n
\u201cThe MMDA account enables the deposit and withdrawal of crypto assets at any time and offers daily compound earnings regardless of the performance when storing Bitcoin, Ethereum, and Ripple. Delio is also opening a branch offering things like an \u2018economic salon\u2019 and \u2018crypto academy\u2019 in Seoul\u2019s Gangnam district, the centre of the Korea\u2019s crypto industry.<\/em>\u201c<\/p>\n According to a report published by CryptoPotato earlier today, \u201cDelio\u00a0is on the verge of listing five new digital assets and launching a staking service.\u201d<\/p>\n The report then said that Delio had already listed $SOL, $DOT, and $XTZ. Apparently, $ADA and $KSM are about to get listed on 4 November 2022 and 8 November 2022 respectively.<\/p>\n The report went on to add:<\/p>\n