Korbit Builds Support Framework to Expand Corporate Client Base for 'Staking Plus'

Digital asset exchange Korbit said on the 5th that it has established a technical and operational support framework to expand its corporate customer base for its flexible staking service, 'Staking Plus.'

Korbit explained that it has completed preparations for related services to meet rising demand from corporate clients to use digital assets and to get ahead of the possibility that the scope of corporate digital-asset trading may be expanded in the future. The service’s eligible scope will be expanded in phases within the limits permitted under government guidelines and relevant laws and regulations.

Staking Plus is characterized by a 'flexible staking' structure that allows deposits and withdrawals as well as trading even while assets are staked. Unlike typical staking services that require assets to be locked up for a certain period, the service allows users to sell their holdings at any time or withdraw them to an external wallet.

Staking Plus currently supports major digital assets including Ethereum (ETH), Solana (SOL), Cardano (ADA), TRON (TRX) and Polkadot (DOT).

Korbit said it plans to support corporate clients so they can receive staking rewards if they agree to use the service and hold eligible assets, in line with future policy and regulatory developments.

Lee Jung-woo, Korbit’s CTO and CPO, said, “As corporate clients’ demand for managing digital assets continues to grow, Korbit has proactively completed the technical and operational preparations to respond,” adding, “Korbit will continue user-centric innovation that provides tangible benefits to both corporations and individuals by building a transparent and secure staking environment.”