Delio Develops Web 3.0 Digital Asset Wallet

[Asia Economy Reporter Hyungsoo Park] Delio announced on the 7th that it will independently develop a Web3.0 digital asset wallet capable of providing integrated services across various platforms.

Delio is a virtual asset service provider (VASP) in South Korea specializing in digital asset deposits, lending, NFTs, and DEX (decentralized exchanges). It currently offers virtual asset wallet services. With an average annual growth rate exceeding 600% and expanding business areas, the company has embarked on developing a new Web3.0 wallet system that enables integrated storage and management of diverse assets within a single wallet, as well as asset exchange, payment, and trading.

Based on the development of the Web3.0 wallet, Delio plans to complete the acquisition of ISEcommerce early next month and initially integrate the wallet into the online shopping mall 'Wizwid.' It aims to provide integrated management services for blockchain and non-blockchain assets to domestic and international partners, including platforms, banks, securities firms, online shopping malls, and exchanges.

Delio has signed a joint business contract with Shinhan Financial Investment to open a joint digital asset service within the year. As global standards for digital assets are being established, Delio plans to take the lead in fostering a blockchain protocol economic ecosystem as a frontrunner.

A company representative explained, "A digital asset wallet is an essential system for storing and managing various assets on Web3.0 platforms," adding, "The acquisition process of ISEcommerce is also progressing smoothly."

They further stated, "Based on our existing competitive strengths, we will secure new growth momentum and lead the Web3.0 ecosystem."

Delio achieved a total deposit and lending performance of 2.4 trillion KRW last year, maintaining a rapid annual growth rate of 600%.

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