[WATCH] South Africa’s Revix launches DeFi Bundle to Capitalise on Crypto’s Most Compelling Stories

According to Revix, the Revix DeFi Bundle has outperformed the likes of Bitcoin and the traditional financial services space over the last calendar year. The bundle produced returns in excess of 137%, far outweighing the 63% of Bitcoin and the 36% of the U.S. financial services sector.

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Revix, a Cape Town-based investment platform backed by JSE-listed Sabvest, has launched a new bundle aimed towards investing in the top 10 decentralised finance (DeFi) cryptocurrencies weighted by market cap.

Unveiled inMarch 2022, the DeFi Bundle allows its users to own a bundle of the top 10 DeFi cryptocurrencies instantly – it’s diversification at the click of a button.

Speaking about the new product offering, Brett Hope Robertson, the Head of Investments at Revix, said:

“If you believe in the future of decentralised, automated, and digital first financial systems, then this is one way you can gain exposure to what is almost certain to become one of the fastest-growing market segments in the crypto universe.”

– Head of Investments, Revix

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SEE ALSO: South African Crypto Investment Platform, Revix, Raises $4 Million and Gets Accepted into Berkeley Blockchain Xcelerator

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The Revix DeFi Bundle currently holds cryptocurrencies such as Uniswap, Aave, Thorchain, Anchor, and many more.

But, how has it performed so far?

According to Revix, the Revix DeFi Bundle has outperformed the likes of Bitcoin and the traditional financial services space over the last calendar year. The bundle produced returns in excess of 137%, far outweighing the 63% of Bitcoin and the 36% of the U.S. financial services sector.

Revix 1 Calendar Year Returns

At the recent Blockchain Africa conference, Cardano founder, Charles Hoskinson, predicted that Africa will have a pan-African cryptocurrency within a decade, all residing on the blockchain and impervious to governmental interference.

Charles remarked:

“In this business, you are your own bank.  There’s no monthly admin fee for storing cryptos in wallets, and the costs of making payments and remittances are a fraction of that charged by traditional financial service providers. The rates of interest offered on these platforms also far exceed those available through most banks.”

– CEO, Cardano

From April 2022, users are be able to purchase a brand new Revix bundle from the platform.

If you haven’t heard of DeFi (decentralised finance) yet, it might be because it’s a new technology, and we’re early! It’s not every day you get to invest in a game-changing technology this early on in its development.

Revix also cut all buy-in fees for any DeFi Bundle purchases between March 25 – April 7, 2022.

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RECOMMENDED READING: EXPLAINER: How to Get Started in Decentralized Finance (DeFi) in 2022

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