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Blockdaemon and a Korean cryptocurrency bank are working together to provide retail betting services

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News Tech: Delio, a finance company with a focus on cryptocurrencies, has teamed up with Blockdaemon to introduce retail-focused staking services, giving users a more practical way to receive rewards for their digital assets.

The new staking services would offer interaction with over 60 blockchains, though Delio did not specify which digital assets will be supported. The startup also intends to “provide a variety of crypto asset financial services for people outside of Korea,” according to Delio spokesperson James Jung.

The company said on Thursday that Delio’s staking services augment the existing crypto bank operations, which already include lending, deposits, and deposit accounts. Blockdaemon, a provider of blockchain infrastructure and a range of institutional staking products, is supporting the new service offering.

Blockdaemon, which was founded in 2017, became a unicorn last year after obtaining $155 million in a Series B fundraising round. A startup that receives a valuation of $1 billion or more is considered a unicorn in the startup sector. Blockdaemon was valued at just over $1.25 billion at the time.

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