Some market commentators have highlighted the growth of so-called PayFi projects (payments-focused crypto products), including Remittix. The project is described in its materials as targeting cross-border remittances.
While XRP helped popularize fast crypto-based transfers, Remittix is positioning itself as another approach in the same broad area. According to the project, it has raised over $26.3 million to date through a token sale, with more than 668 million RTX tokens sold at $0.1130 per token.
What Remittix says it is building
In project descriptions, Remittix characterizes itself as a PayFi product focused on enabling crypto transfers that settle into bank accounts as fiat in 30+ countries. These claims have not been independently verified by this outlet.
The project also says it has launched a wallet beta that includes real-time FX conversions and crypto transactions designed to reduce network fees.
Project materials highlight the following points:
- Token-sale figures, including tokens sold and total funds raised (project-reported)
- References to planned exchange listings, including BitMart and LBank (timelines and outcomes can change)
- Security and verification statements that reference CertiK-related listings (details should be reviewed directly in primary sources)
- Marketing incentives mentioned by the project, such as a community giveaway and a referral-rewards program
Context and risks
Cross-border payments and remittances are a competitive area that includes established networks and blockchain-based projects. Any early-stage token sale or fundraising event can involve significant risks, including illiquidity, security issues, regulatory uncertainty, and the possibility that product or listing plans change.
For reference, the project’s links are below:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
This outlet is not affiliated with the project mentioned. This article is for informational purposes only and does not constitute financial or investment advice.
