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Revix, a South African cryptocurrency investment platform, has announced that it has raised USD 4 Mn in funding to launch its mobile application and expand to the European Union. The funding comes from overseas investors and accelerators.
Revix aims to make cryptocurrency accessible and available to more ordinary investors and to allow them to become their own wealth managers. The investment will also be used to launch a variety of Fourth Industrial Revolution (4IR) investment opportunities and to create more South Africa-based jobs.