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Home Company News

Remittix Raises $17M As Multi-Chain Wallet Beta Targets Q3 Launch

Kate Benson by Kate Benson
July 27, 2025
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Remittix has emerged as one of 2025’s most promising crypto payment platforms, announcing the Q3 launch of its highly anticipated beta wallet alongside significant Solana blockchain integration.

The cross-border payment solution has already captured substantial investor attention, raising over $17.3 million in its ongoing presale while selling more than 575 million RTX tokens to early supporters seeking exposure to the next generation of crypto payment infrastructure.

The timing of Remittix’s wallet launch coincides with growing demand for seamless cross-border payment solutions that bridge traditional finance with decentralized networks. By supporting both Ethereum and Solana from launch, the platform positions itself to capitalize on the strengths of both ecosystems – Ethereum’s established security and Solana’s lightning-fast transaction speeds and ultra-low fees.

Current presale participants can still access RTX tokens at $0.0842 with a limited-time 50% bonus, making this an attractive entry point for investors who believe in the platform’s vision of revolutionizing global payments. The ongoing $250,000 community giveaway has further amplified engagement, demonstrating strong grassroots support for the project’s mission to make crypto payments as simple as traditional bank transfers.

Remittix’s approach addresses critical pain points in existing payment systems, particularly for freelancers, merchants, and individuals sending money across borders. Traditional remittance services often charge exorbitant fees and require days for settlement, while Remittix promises near-instantaneous transfers with minimal costs through its dual-chain architecture.

remittix transfer
Source: Pixabay

High-Speed Transaction Capabilities

The strategic decision to integrate Solana blockchain represents a significant technical milestone for Remittix, enabling millisecond transaction speeds that make micropayments and frequent transfers economically viable. This capability becomes particularly valuable for use cases like freelance payments, where traditional payment processors often impose minimum thresholds or charge disproportionate fees for small transactions.

Solana’s integration complements Ethereum’s broader DeFi ecosystem compatibility, creating a versatile platform that can adapt to various user preferences and transaction requirements. Users will benefit from Ethereum’s extensive smart contract capabilities for complex financial operations while leveraging Solana’s speed advantages for routine payment activities.

The beta wallet will initially focus on core functionality including token storage, transfers, and basic staking capabilities. However, the underlying infrastructure is being designed with future crypto-to-fiat conversion features in mind, positioning Remittix to compete directly with traditional money transfer services once regulatory approvals are secured.

Real-World Utility

Beyond technical capabilities, Remittix’s long-term vision encompasses serving underbanked populations in regions where traditional financial services remain expensive or inaccessible. The platform specifically targets markets in Africa, Southeast Asia, and Latin America, where remittance fees can consume significant portions of transferred funds.

Future iterations of the Remittix platform will enable direct crypto-to-local currency conversions through partnerships with regional payment providers, eliminating the need for recipients to navigate complex cryptocurrency exchanges.

With regulatory frameworks for stablecoins and crypto payments continuing to evolve globally, Remittix’s compliance-focused development approach positions the platform to capitalize on emerging opportunities while maintaining operational legitimacy across multiple jurisdictions.

Tags: multichain walletremittix

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