Press release
Best Crypto to Buy Now as $807 Billion Fund Goes On-Chain and Remittix Targets Cross-Border Payments
New York Life Investments has launched its first tokenized fund on Avalanche through Centrifuge, bringing traditional corporate-bond exposure onto blockchain rails. The frequently cited $807 billion figure refers to New York Life Investment Management's assets under management, not the size of the individual tokenized fund-a distinction that keeps the headline development in proper context.The launch nevertheless shows how quickly established finance is adopting blockchain settlement. Remittix https://remittixpresale.io approaches the same transition from the user side, building infrastructure intended to move crypto into local bank accounts. As major managers place funds on-chain, the project trying to make digital value spendable across borders could offer one of the market's more compelling early-stage opportunities.
Tokenized Funds Bring Traditional Assets On-Chain
The new fund, known as HYB, tokenizes exposure to U.S. corporate bonds using Avalanche and Centrifuge infrastructure. Tokenization can shorten settlement, improve transferability and give institutions programmable ownership records, although access, liquidity and compliance still depend on the product's structure.
The significance is not that $807 billion suddenly moved onto Avalanche. Rather, a manager overseeing approximately that amount has adopted public-blockchain infrastructure for one of its products. That endorsement supports the broader real-world-asset narrative and may encourage other large financial groups to test similar models.
Remittix Tackles the Cross-Border Payment Layer
Institutional tokenization solves one side of blockchain adoption; ordinary users still need a simple way to move between crypto and bank money. Remittix is designing PayFi settlement for more than 50 digital-asset pairs and over 30 fiat currencies. The intended result is a transfer where the sender uses crypto and the recipient receives familiar local currency.
That model can address freelancers, global businesses and families that currently face conversion steps, banking delays or multiple platforms. Remittix https://remittixpresale.io reports its presale is 83.23% sold, with RTX at $0.21 before the next announced $0.23 stage. Progress toward 90% completion makes the remaining pre-market allocation increasingly scarce.
RTX Combines Payments With a Broader Financial Ecosystem
Remittix is also building infrastructure to keep users inside one ecosystem. Remittix Markets is live with hundreds of perpetual contracts and more than $50 million in reported volume. Its iOS wallet supplies a mobile gateway, Android availability is planned, and Remittix Earn is expected to offer advertised yields reaching 22% APY on qualifying assets.
The project plans to announce its listing date once funding reaches $32 million. That catalyst sits alongside a CertiK audit and a maximum supply of 1.5 billion RTX. New York Life's tokenized fund demonstrates that blockchain finance is becoming an institutional reality; Remittix is betting that the larger opportunity may come from delivering similar efficiency to everyday payments. If its products work together at launch, RTX could capture both early-token demand and recurring platform usage.
Discover the future of PayFi with Remittix by checking out their project here:
Website: https://remittixpresale.io
X: https://x.com/remittix
Frequently Asked Questions
Did an $807 billion fund move on-chain?
No. The $807 billion figure refers to the investment manager's total assets under management, while HYB is a separate tokenized corporate-bond fund.
How could Remittix support cross-border payments?
Its proposed PayFi system would let senders use supported crypto while recipients receive fiat through compatible bank-payment rails.
What is the current RTX presale position?
Remittix reports 83.23% sold, with RTX offered at $0.21 before the next announced stage at $0.23.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments are highly volatile and involve significant risk, including the potential loss of principal. Always perform your own due diligence or consult a licensed financial advisor before making investment decisions.
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