TechFlow reported that according to News.bitcoin, two South African cryptocurrency trading platforms, Revix and Bitfund, have merged with the Austrian digital asset platform to create a new alternative investment platform called Altify. According to a joint statement, Revix founder Sean Sanders has been appointed CEO of the new London-based entity.
The three companies said in a statement on November 30 that Altify aims to provide ordinary people with alternative investment opportunities that are usually reserved for large institutions and the super-rich. These alternative investment opportunities include private credit (private debt), venture capital, real estate, crypto assets and collectibles. At the same time, the statement revealed that the merger transaction has been supported by the shareholders of each company. These include Sabvest, CVVC, Founders Factory, Emurgo, High-Tech Gründerfonds and Calm/Storm Ventures. The merger also won the support of angel investors Frank Westermann and Johann "Hansi" Hansmann.
