Olgram Raises €1.5M in Seed Funding
05 Apr, 2021
– Ovex is a Cape Town, South Africa-based cryptocurrency exchange platform specializing in OTC trading and arbitrage, offering South Africa’s largest selection of digital asset markets.
– The company raised $4m in funding.
– The round was led by Quantitative cryptocurrency trading firm Alameda Research, developer of FTX, a crypto derivatives exchange.
– The company intends to use the funds to expand into Dubai, Nairobi, Quebec, and London, as well as Lagos when the Nigerian central bank loosens its cryptocurrency ban.