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OVEX (Pty) Ltd runs a Cape Town cryptocurrency exchange that supports 20 digital assets and fiat-to-crypto trading.
Founded in 2017 and based in Cape Town, South Africa, OVEX (Pty) Ltd exchanges monetary currencies for cryptocurrencies and the reverse, supporting 20 cryptocurrencies such as Bitcoin and Ethereum. Its OVEX Cryptocurrency Interest Account lets customers earn up to 7% interest on wallet balances. The company was co-founded by Jonathan Ovadia and Tom Masojada, and it raised funding from Alameda Research and FTX in 2021.
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