Kassio enters India
As per the announcement made on Monday, 2020-founded Kassio would start its operations with its widely-known investment solutions like earn, borrow, shop, and trade, in India.The investment management company released its beta version in April, which has already received more than 30,000 applications. 60% of these applicants are registered on the platform and are already using Kassio products, according to the company.
During the launch, the co-founder and COO of Kassio, Bharat Vivek, highlighted the platform's capabilities. He stated:
"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."
What is Kassio?
Co-founded by Sachin Singh, Anuj Yadav, and Bharat Vivek, Kassio aims to bring crypto finance and crypto utility integration together on a single platform.The platform offers over 50 cryptocurrency pairs for buying and selling and offers crypto-backed loans on flexible terms at as low as 10.75% APR. The multi-fiat wallet, which offers funds with INR, EUR, and DKK based on users' country, is a center of attraction for the new users.
Kassio co-founder and CEO Sachin Singh commented on the possibilities in the crypto space by stating:
"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."
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