User:Machetazic/sandbox2
| Type of business | Private |
|---|---|
| Founded | 2018 |
| Headquarters | South Africa, UK |
| Area served | South Africa |
| Founder(s) | Sean Sanders Louis Buys[1] |
| Products | Bitcoin, Bitcoin Cash, Ethereum, Litecoin, exchange of digital assets |
| URL | www |
Revix is digital currency exchange headquartered in Cape Town, South Africa. The company has created cryptocurrency index funds that represent ownership in a range of assets. Revix active seeks to market its services to demographics that are underrepresented in cryptocurrency investment, including women.[2]
History
[edit]Revix initially began as an attempt to create a cryptocurrency hedge fund in South Africa.[3] This project was abandoned due to a lack of regulatory clarity, and founders Sean Sanders and Louis Buys instead decided to found a cryptocurrency exchange.
Revix entered into an 11 million Rand deal with Sabvest in 2018, purchasing a 30% stake in the company.[4][5]
As of 2020, Revix had relocated its legal domicile to the UK and was seeking to expand its operations from South Africa to Europe, the UK, Australia and New Zealand.[6]
- ^ October 2019, 31st. "Crypto bundler Revix targets female investors, aims to make digital assets "responsible"". FinTech Futures. Retrieved 2019-12-22.
{{cite web}}: CS1 maint: numeric names: authors list (link) - ^ "The importance of adopting a diversified portfolio in the current economic climate | IOL Personal Finance". www.iol.co.za. Retrieved 2020-01-10.
- ^ "Revix – A South African company brings you a new way to invest". Popular Mechanics. 2019-03-15. Retrieved 2019-12-22.
- ^ "JSE-listed Sabvest acquires 30% interest in cryptocurrency platform Revix | IOL Business Report". www.iol.co.za. Retrieved 2020-01-10.
- ^ Writer, Staff. "Sabvest invests in cryptocurrency startup Revix". businesstech.co.za. Retrieved 2020-01-10.
- ^ "With crypto winter over here are six SA startups to watch". Ventureburn. 2019-07-12. Retrieved 2020-01-10.