ISEcommerce "Expecting Synergy with Prospective Major Shareholder Delio"

[Asia Economy Reporter Jang Hyowon] ISEcommerce (CEO Kim Eungsang), a leading company in the lifestyle culture brand based on e-commerce, announced on the 14th that it had signed a stock and management rights transfer agreement involving a change of the largest shareholder, and Delio is expected to become the largest shareholder of the company in August.

Delio is the number one virtual asset service provider (VASP) in the domestic digital asset deposit and lending sector, recently expanding its business to virtual asset banks, DEX (decentralized exchanges), and NFT marketplaces. Last year, its total deposit and lending performance reached 2.4 trillion KRW, maintaining a rapid annual growth rate of 600%.

On the 25th, Delio signed a business agreement with Shinhan Financial Investment for ▲ joint development of blockchain-based product services ▲ collaboration on virtual asset businesses such as NFTs ▲ creation of an ecosystem linking finance and blockchain technology. This demonstrates that as a leading virtual asset service provider in the industry, Delio is recognized for both growth potential and safety in the regulated market.

A company official stated, “Among Delio’s businesses, the NFT business, which has high growth potential and is expected to have synergy with e-commerce, as well as blockchain-based points and payment businesses, will be developed through the company. We plan to implant the DNA of Web 3.0-based companies, which global companies and Wall Street VCs are recently competing to invest in, into the company to create new growth momentum.”

In addition to the existing overseas direct purchase business held by the company, plans are underway to develop ‘reverse direct purchase’ selling K-hit products globally, as well as to evolve into a specialized aftermarket place (platform) that will promote such marketplaces.

Delio CEO Jung Sangho said, “At this point where global standards for digital assets are being established, digital asset products and services that consumers can trust and use must be continuously developed domestically, and we plan to build a trustworthy digital asset ecosystem.”

This content was produced with the assistance of AI translation services.