Delio DUCATO signs business cooperation agreement with Bybit
- Virtual asset lending service collaborated with Bybit
- Create synergy through joint marketing and promotion
Delio DUCATO announced that they have signed a business cooperation contract with Bybit, the cryptocurrency (virtual asset) derivatives exchange, and Delio DUCATO will expand their crypto-finance business such as virtual asset lending and deposit.
Bybit, established in 2018, is a Singapore-based virtual asset derivatives exchange that supports leveraged transactions, builds global recognition, and has 1.5 million users worldwide. As 15–20% of Bybit’s total transaction volume occurs in Korea, the plan is to actively support services for Korean users.
Delio DUCATO expects synergy through this partnership by joint marketing and promotions. In addition, Delio DUCATO will provide their own financial services such as virtual asset lending, deposit, and swap to Bybit’s platform as well as develop new business models for virtual assets.
An official from Delio DUCATO said, “We will set a practical goal instead of a formal partnership, and we will actively work together to achieve it.”, “We look forward to offering various events and promotions including a new virtual asset service to be introduced in the New Year of 2021,” he said.
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