Remittix says it has surpassed $28 million in funding, drawing attention to payments-focused blockchain projects sometimes described as the “PayFi” sector. The project, which uses the ticker RTX, describes its goal as enabling crypto-to-fiat transfers and other payment features.
The project has been promoted in some market commentary as an early-stage alternative asset; however, token sales and early-stage tokens can carry elevated risks and outcomes are uncertain.
Remittix Reports $28 Million Raised as PayFi Interest Strengthens
Remittix says it aims to address a common payments challenge: converting digital assets into local currency through a crypto-to-fiat bridge, which it says is available in more than 30 countries. The claims below are based on project materials and public communications and have not been independently verified.
- The project has stated that BitMart is expected to be an exchange listing venue, and that LBank is also preparing a listing
- The project has referenced a CertiK-related review/verification and public team information
- The product is described as supporting crypto-to-bank transfers through a PayFi wallet
- The project also advertises marketing incentives, including a referral program
Remittix has also promoted a giveaway and reported growing sign-ups, which function as marketing activity rather than evidence of adoption. Funding totals and user metrics shared by projects may change over time and are not necessarily comparable across initiatives.
How Remittix Describes Its PayFi Approach
According to the project, a Remittix wallet beta went live this quarter, with features described as instant conversions, FX tools, and global payout functionality. The team has also referenced additional centralized exchange listings in Q4, though such timelines depend on third parties and may change.
The project positions its services as potentially relevant for freelancers, small businesses, and international workers who face delays or higher fees in traditional remittance systems. Whether the product achieves meaningful usage will depend on execution, regulatory considerations, liquidity, and user demand.
Market narratives such as PayFi can influence attention, but they do not determine token performance.
Product Delivery and Disclosures
Remittix says 685 million tokens have been sold so far and that additional listings are planned. Token distribution figures, listing plans, and security claims should be reviewed using primary sources and independent checks where possible.
The project has advertised a referral program and other promotional incentives; readers should treat these as marketing features and consider the associated risks and terms.
As with any early-stage token and payments product, there are material uncertainties, including technology risk, counterparty risk, compliance requirements, and market volatility.
Project links (for reference)
Website: https://remittix.io/a0
Socials: https://linktr.ee/remittixa0
This article contains information about a cryptocurrency token sale. Crypto Economy is not associated with the project. This article is for informational purposes only and does not constitute financial or investment advice.
