Some market participants looking at new crypto projects have been tracking Remittix (RTX), a PayFi project that, according to its own materials, aims to connect crypto with traditional finance. The project says it has raised more than $26.7 million to date and that product development is progressing ahead of a planned market listing.
The project has also said its token sale is nearing completion.
Remittix: Funding update and product status
Remittix (RTX) is presented by the project as a token built on Ethereum focused on crypto-to-bank payments, including real-time FX conversion. Remittix says the ongoing token sale has surpassed $26.7 million.
The project also advertises a referral program that it says pays rewards in USDT for promoting Remittix. Marketing incentives of this kind can influence online visibility and interest, but they are not a measure of long-term adoption or performance.
Key points described by the project include:
- Reported token-sale proceeds exceeding $26.7 million
- A referral program described as paying USDT rewards
- A product focus on sending crypto to bank accounts and showing conversion rates
Remittix positions RTX as a utility-focused token for cross-border payments and conversion between digital assets and fiat, though the practicality and costs will depend on the final product implementation and available banking corridors.
In addition to its fundraising update, the project says a wallet beta is live. According to Remittix, the beta allows testers to try transfers and FX conversion features ahead of a broader release.
Remittix has also referenced third-party security and monitoring services in its marketing. Readers should review any audit or monitoring claims directly in primary sources and note that audits are not guarantees against future vulnerabilities.
Remittix cites wallet testing and fundraising milestone
Remittix says it has raised $26.7 million and that wallet testing is underway. As with any early-stage crypto project, details such as product readiness, regulatory considerations, liquidity, and market risk remain important factors to evaluate independently.
Project links (for reference):
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
This article contains information about a cryptocurrency token sale. This outlet is not affiliated with the project mentioned. This article is for informational purposes only and does not constitute financial or investment advice.
