Crypto Update: Nasdaq Puts $100 Million Into Kraken Parent Payward as Remittix Builds Its Payment Network

Nasdaq's decision to invest $100 million in Payward, the parent company of Kraken, gives tokenized stocks another major institutional endorsement. The partnership is intended to develop infrastructure connecting traditional securities with blockchain-based markets, showing that established exchanges increasingly view tokenization as an expansion opportunity rather than a fringe experiment.

That shift is also strengthening the case for projects focused on moving value between crypto and conventional finance. Remittix https://remittixpresale.io is approaching the same convergence from the payments side, building a platform designed to move digital assets into bank accounts while surrounding that service with trading, wallet and earning products. The potential prize is not one tokenized market, but a gateway people could use across their everyday financial lives.

Nasdaq and Kraken Push Tokenized Stocks Forward

The investment combines a recognised market operator with Kraken's crypto infrastructure. Tokenized shares could support longer hours, faster settlement and programmable ownership, although regulation will shape adoption.

The deal validates a wider trend: blockchains are becoming rails for familiar financial products. That increases the need for wallets, compliant settlement and intuitive movement between digital assets and fiat.

Remittix addresses that challenge by making crypto useful for invoices and supported bank transfers.

Remittix Is Building More Than a Payment Rail

The Remittix https://remittixpresale.io PayFi network is designed around more than 50 cryptocurrencies and over 30 fiat currencies. This could let users initiate a transfer in crypto while the recipient receives local money, reducing the practical friction that still limits digital assets in commerce.

The surrounding ecosystem broadens the opportunity. Remittix Markets is live with hundreds of perpetual contracts and project-reported volume above $50 million. The Remittix wallet has reached Apple's App Store, Android support is planned and Remittix Earn is being developed with advertised yields of up to 22% APY on qualifying crypto assets.

Those components can reinforce one another, letting users trade, hold, earn and settle funds without leaving the brand.

Why the Remittix Presale Could Benefit From Institutional Adoption

RTX remains listed at $0.21 before the next $0.23 stage. Remittix reports that over 83% of the allocation has been sold, moving the presale steadily toward 90% completion. Its listing date is due to be revealed at the $32 million funding milestone, creating a defined catalyst as the public launch approaches.

The project also cites a 1.5 billion maximum supply and CertiK audit, giving buyers concrete terms to evaluate.

Nasdaq's investment shows how quickly the boundary between crypto and conventional markets is eroding. Remittix could benefit from the same transition by providing the consumer-facing layer that turns digital holdings into usable money. If its payment rail, markets platform, wallet and Earn product develop into a coherent hub, RTX may offer early buyers exposure to several adoption trends at once-and that is a far more compelling launch story than a token with only one use case.

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 Nasdaq invest directly in Kraken?

Nasdaq's venture arm agreed to invest $100 million in Payward, Kraken's parent company, as part of a tokenized-equities partnership.

How does Remittix connect crypto with banks?

Its PayFi model is designed to convert supported crypto assets into fiat transfers sent to supported bank accounts.

When is the next RTX presale stage?

RTX is currently advertised at $0.21, with the following stage set 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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This release was published on openPR.