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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 3272 active competitors, including 545 funded and 79 that have exited. Its top competitors include companies like BitGo, FalconX and Solana.

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
86 as on Sep 30, 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 11 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
6004226
Series A
5741838
6682500
3349158
7807602
Jul 10, 2019
9029229
ICO
7611524
1665995
2344334
7279002
Jun 19, 2019
7886927
Seed
1725224
2859610
5480327
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MultiversX's founders and board of directors

Founder? Claim Profile
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 86 employees as of Sep 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 BitGo, FalconX and Solana. 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 BitGo
BitGo
2013, Palo Alto (United States), Public
Platform that offers crypto based financial services
$170M
81/100
2nd
Logo for FalconX
FalconX
2018, San Francisco (United States), Series D
Online platform offering cryptocurrency trading and investment solutions for institutions
$430M
80/100
3rd
Logo for Solana
Solana
2010, San Francisco (United States), Series C
Developer of enterprise infrastructure for issuing assets and digital payments
$374M
80/100
4th
Logo for Coins.ph
Coins.ph
2014, Pasig (Philippines), Acquired
Digital wallet for Bitcoin assets
$40M
79/100
5th
Logo for Amber Group
Amber Group
2017, Singapore (Singapore), Series C
Provider of blockchain-based financial solutions
$628M
78/100
6th
Logo for Mysten Labs
Mysten Labs
2021, Palo Alto (United States), Series B
Blockchain platform offering Web3 infrastructure solutions
$336M
77/100
7th
Logo for Fireblocks
Fireblocks
2018, New York (United States), Series E
Provider of an online platform for crypto custody, payments, tokenization, and wallet-as-a-service
$1.04B
76/100
8th
Logo for NEAR
NEAR
2017, Zug (Switzerland), Series D
Public blockchain network platform
$542M
76/100
9th
Logo for Luno
Luno
2013, London (United Kingdom), Acquired
App-based platform for crypto wallet and investments
$13M
76/100
10th
Logo for River Financial
River Financial
2019, San Francisco (United States), Series B
Blockchain focused investment firm
$70M
75/100
59th
Logo for MultiversX
MultiversX
2017, Phillips (United States), Series A
Decentralized blockchain network that enables new applications, for users and businesses
$16.9M
60/100
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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

lockFilter this list
Media has covered MultiversX for 1 event in last 1 year, It was about company updates.
•
•
•
MultiversX Launches Sovereign ChainsCryptoMode•Jun 07, 2024•MultiversX
•
MultiversX Partners with World of DypiansSmartliquidity•May 16, 2024•World of Dypians, MultiversX
•
Umbrella Network (UMB) Expands to MultiversXMultiversX•Feb 12, 2024•Umbrella Network, MultiversX
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