Remittix has completed a $33 million funding round, just $3 million short of its $36 million hard cap. The project also announced a major token burn, with 300 million RTX tokens, 20% of the original supply, set to be permanently removed at launch. This reduction from 1.5 billion to 1.2 billion RTX tokens aims to create scarcity as the token prepares for public trading on November 24, 2026. RTX is currently priced at $0.28, with a target exchange launch price of $0.46.
The funding surge comes as Remittix expands its PayFi infrastructure, enabling crypto-to-fiat and fiat-to-crypto transactions across multiple blockchains. The platform’s iOS wallet has already seen over 10,000 downloads, and Remittix Markets has recorded more than $50 million in perpetual trading volume. Additionally, Remittix Earn is preparing high-yield pools with up to 22% APY on select assets.
Meanwhile, the XRP Ledger is gearing up for a technical update on November 4, 2026, which has reignited bullish predictions of a $10 XRP price. The update addresses validator support and closes a token-creation loophole, reinforcing the network’s role in payments, lending, and institutional infrastructure. XRP is currently trading near $1.32, making the $10 target a significant 7.6-fold increase.
As Remittix approaches its final presale window, investors are weighing the potential of RTX against established assets like XRP. With only $3 million remaining in the presale and a confirmed token burn, the project is positioning itself as a key player in the PayFi space.