Remittix Raises $27M, Backed by German Gov, Set for 2000% Gain
Remittix, a promising fintech startup, has received significant backing from the German government. The company, which facilitates instant cross-border transfers with real-time currency conversion, has caught the attention of analysts and crypto enthusiasts alike. With a potential 2,000% gain on the horizon, Remittix is poised for a major breakthrough.
Remittix's journey began with a substantial investment of approximately 1.3 million euros from the German Federal Ministry for Economic Affairs and Energy (BMWi) through the ZIM funding guideline. The company now enables instant transfers to bank accounts in over 30 countries, with real-time FX conversion.
The crypto market is abuzz with speculation about Remittix's next move. While XRP price movements have remained steady, the spotlight has shifted to Remittix. The company has raised nearly $27 million and sold over 674 million tokens, with over 40,000 holders supporting its growth. Ripple, the company behind XRP, has also expanded its services with the rollout of the RLUSD stablecoin in Africa.
Remittix's Web App is nearing completion, with crypto-to-fiat beta testing scheduled for mid-Q4. The XRP Ledger has further bolstered its compliance with the activation of the Multi-Purpose Token (MPT) Standard. Meanwhile, the XRP price is consolidating slightly above $3, approaching a crucial moment.
Remittix's impressive growth and potential gains have positioned it as one of the fastest-growing crypto projects currently live. With strong government backing, a robust product, and a growing community, Remittix is set to make waves in the crypto market. As the XRP price nears a decisive point, all eyes are on Remittix for its next big move.
