What is Delio?
Founded in 2018, Delio is a financial company specialized in the crypto-asset market with the most experience and know-how in Web 3.0 development.
Delio is a leading company that has pioneered and nurtured markets such as crypto asset deposits, lending, decentralized exchange (DEX), asset management, non-fungible token (NFT) marketplace, and crypto payments, surpassing $2 billion in cumulative performance in 2022. It has subsidiaries in South Korea, the United States, Singapore, and the British Virgin Islands to provide global services.
Web 3.0 is a new decentralized internet built on blockchain that gives users greater control over their data, content and finances. For this, decentralized governance and an ecosystem using tokens must be established. The true meaning of Web 3.0 is to change the existing centralized platform economy to a decentralized token economy, and decentralize participation and cooperation in the ecosystem, and develop the ecosystem so that ownership and rewards can proceed equally.
Delio has been continuously expanding the various DeFi and countable asset finance ecosystems through continuous infrastructure investments. Delio wants to leap beyond a virtual asset finance company to become a Web 3.0 facilitator.
Delio obtained the Virtual Asset Service Provider (VASP) license from Korea Financial Intelligence Unit. As the Financial Action Task Force (FATF) on Money Laundering defines DeFi and NFTs as virtual asset providers, all DeFi developers and operators can only operate legally if they are certified as VASPs. Delio is the only virtual asset service provider licensed by the Korean financial authorities in the DeFi field.
The company acquired the Money Services Business (MSB) certification from US Financial Crimes Enforcement Network (FinCEN). In the United States and Canada, licenses are issued only to companies that are obligated to prevent money laundering by designating cryptocurrency handlers as “money services businesses (MSBs)” by law.
The company also acquired the Information Security Management System (ISMS) accreditation, taking Delio to an equivalent level with financial companies and banks, that inspects whether the information protection management system such as security, policy, personnel, equipment, and facilities established and operated by the company meets the certification criteria in order to protect the key information resources under the supervision of the Korea Internet and Security Agency (KISA).