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MultiversX - About the company

MultiversX is a series A company based in Phillips (United States), founded in 2017 by Lucian Todea and Beniamin Mincu. It operates as a Decentralized blockchain network that enables new applications, for users and businesses. MultiversX has raised $16.9M in funding from investors like Electric Capital, Binance and NGC Ventures. The company has 2971 active competitors, including 541 funded and 78 that have exited. Its top competitors include companies like Mysten Labs, BitGo and Luno.

Company Details

Decentralized blockchain network that enables new applications, for users and businesses. Its product portfolio includes money crypto which enables users to accept crypto payments, money fiat which enables users to accept fiat at competitive rates, exchange protocol to swap multiple cryptocurrencies, and a spotlight for NFT album and art.
Social
X
Email ID
*****@multiversx.com
Key Metrics
Founded Year
2017
Location
Phillips, United States
Stage
Series A
Total Funding
$16.9M in 3 rounds
Latest Funding Round
Ranked
Employee Count
93 as on Aug 31, 2026
Investment & Acquisitions
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MultiversX's funding and investors

MultiversX has raised a total funding of $16.9M over 3 rounds. Its first funding round was on Jun 19, 2019. Its latest funding round was a Series A round on Oct 13, 2021 for $*****. 1 investor participated in its latest round. MultiversX has 10 institutional investors.

Here is the list of recent funding rounds of MultiversX:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Oct 13, 2021
8461135
Series A
8847342
2222172
7921813
2181568
Jul 10, 2019
6892044
ICO
1794904
2453675
9915816
6164179
Jun 19, 2019
4200148
Seed
6888962
6510965
8284915
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MultiversX's founders and board of directors

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The founders of MultiversX are Lucian Todea and Beniamin Mincu. Beniamin Mincu is the CEO of MultiversX.
Here are the details of MultiversX's key team members:

MultiversX's employee count trend

MultiversX has 93 employees as of Aug 26. Here is MultiversX's employee count trend over the years:
Employee count trend for MultiversX
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MultiversX's Competitors and alternates

Top competitors of MultiversX include Mysten Labs, BitGo and Luno. Here is the list of Top 10 competitors of MultiversX, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Mysten Labs
Mysten Labs
2021, Palo Alto (United States), Series B
Blockchain platform offering Web3 infrastructure solutions
$336M
82/100
2nd
Logo for BitGo
BitGo
2013, Palo Alto (United States), Public
Platform that offers crypto based financial services
$170M
81/100
3rd
Logo for Luno
Luno
2013, London (United Kingdom), Acquired
App-based platform for crypto wallet and investments
$13M
80/100
4th
Logo for Coins.ph
Coins.ph
2014, Pasig (Philippines), Acquired
Digital wallet for Bitcoin assets
$40M
80/100
5th
Logo for Consensys
Consensys
2014, Fort Worth (United States), Series D
Developer of blockchain and web3 software platform
$725M
80/100
6th
Logo for Aptos
Aptos
2021, Palo Alto (United States), Series D
Provider of protocols for building blockchain-based solutions
$350M
79/100
7th
Logo for FalconX
FalconX
2018, San Francisco (United States), Series D
Online platform offering cryptocurrency trading and investment solutions for institutions
$430M
79/100
8th
Logo for Solana
Solana
2010, San Francisco (United States), Series C
Developer of enterprise infrastructure for issuing assets and digital payments
$374M
79/100
9th
Logo for NEAR
NEAR
2017, Zug (Switzerland), Series D
Public blockchain network platform
$542M
77/100
10th
Logo for Amber Group
Amber Group
2017, Singapore (Singapore), Series C
Provider of blockchain-based financial solutions
$628M
77/100
60th
Logo for MultiversX
MultiversX
2017, Phillips (United States), Series A
Decentralized blockchain network that enables new applications, for users and businesses
$16.9M
61/100
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MultiversX's Investments and acquisitions

MultiversX has made 8 investments in companies including xMoney and Pell Network. MultiversX has also acquired 1 companies including Twispay.
Here is the list of investments & acquisitions:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Sep 30, 2025
Investments
2017
Braga (Portugal)
Jan 28, 2025
Investments
2024
Singapore (Singapore)
Jan 09, 2024
Investments
2021
Metz (France)
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Reports related to MultiversX

Here is the latest report on MultiversX's sector:

News related to MultiversX

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Media has covered MultiversX for 1 event in last 1 year.
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FAQs about MultiversX

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