Altify Unites Cryptocurrency And Alternative Assets To Empower Investors
Altify presents a spectrum of alternative investment products encompassing private credit (private debt), venture capital, real estate, crypto assets, and collectibles
By Anna B Kiwanuka
A novel alternative investment platform named Altify has emerged following the fusion of two South African crypto exchange platforms, Revix and Bitfund, along with an Austrian digital asset platform. Headquartered in London, this new entity aims to democratize access to investment avenues typically beyond the reach of most individuals.
Altify presents a spectrum of alternative investment products encompassing private credit (private debt), venture capital, real estate, crypto assets, and collectibles. These offerings are strategically crafted to diversify investors’ portfolios and promise higher returns compared to traditional assets.
Sean Sanders, the visionary behind Revix and current CEO of Altify, sees this new platform as a strengthening force in the South African market while extending their investment reach. He remarked, “Our ultimate goal is to empower South African investors with access to the potential of alternative investments, establishing ourselves as the go-to platform across South Africa and the broader EMEA region.”
Democratizing Alternative Investments
Sanders emphasizes Altify’s mission to alter the perception that alternative investments are exclusively for older or affluent individuals. The platform aspires to democratize these opportunities, targeting younger investors seeking innovative paths to wealth growth.
Altify touts a user-friendly platform designed for easy access and management of alternative investments. Additionally, the platform offers educational resources and support to aid investors in making informed decisions.
The merger received substantial support from the companies’ shareholders, including Sabvest, CVVC, Founders Factory, Emurgo, High-Tech Gründerfonds, and Calm/Storm Ventures. Angel investors Frank Westermann and Johann “Hansi” Hansmann also backed this merger.
Pioneering Crypto Asset Space
As a pioneer in the crypto asset realm, Altify occupies a prominent position in one of the fastest-growing segments of alternative investments. It grants exposure to various crypto assets like Bitcoin, Ethereum, and Polkadot, alongside crypto index funds that mirror the performance of a diverse basket of crypto assets.
Confident in its appeal, Altify anticipates attracting a broad spectrum of investors seeking alternative avenues to realize their financial aspirations.