Global crypto asset management platform, Kassio unveils its India operations

 

Global cryptocurrency asset management platform, Kassio, which offers investment solutions such as earn, shop, borrow, and trade, unveiled its India operations on Monday.

Founded in 2020, Kassio was co-founded by Sachin Singh, Anuj Yadav and Bharat Vivek, with an overall experience of 10 years in building technology and product-based undertakings and expertise in cryptocurrency exchange and products.



Commenting on the launch in India, Kassio's co-founder and chief operating officer, Bharat Vivek, said, “We are very excited to launch Kassio as it will be instrumental in providing quality and wholesome crypto offerings, especially in the Web3 space.”

With its beta version going live in April, Kassio has received over 30k applications on its platform. According to the company, more than 60% of these applicants have already registered and verified on the platform and are currently using different Kassio products.In a statement, Kassio said that it has started with a vision to help its customers extract value from their cryptocurrency holdings beyond buying and selling.

Speaking on the launch, Bharat Vivek, said, “We are an all-season crypto solution – starting from trading to managing digital assets in all market conditions. Our earn product allows users to earn compounding growth on their assets even in the current market crash while our borrow product allows users to create liquidity without losing their price positions."

Kassio’s mission is to bring crypto utility and crypto finance integration into a single platform. On the platform, investors can buy/sell cryptocurrency with over 50, take coinbase-backed loans and earn up to 13% annual percentage yield (APY) interest on their digital currency holdings.The company also offers a multi-fiat wallet to fund the wallet based on the country of residence with the Rupee, Euro and Danish Krone.

Kassio’s, co-founder and chief executive officer Sachin Singh, said,“The global crypto industry is projected to reach $4.94 billion by 2030. With our vision to be the pioneers in managing the complete bouquet of crypto financial solutions with crypto as an asset class, we are creating a safe & legally compliant platform. By empowering users to spend crypto in their daily lives, we aim to create a unified solution for all the crypto needs of our users."

Key features of Kassio

Trade – Buy/Sell cryptocurrency with 50 plus pairs
Earn – Interest on your cryptocurrency holdings upto 13% APY
Borrow – Cryptocurrency backed loans on flexible terms
Cards – utilize your cryptocurrency to make your next purchase
Multi fiat wallet – Fund your wallet with INR, EUR, DKK based on your country of residence

 

 

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