MultiversX

๐Ÿ“‚ Fintech๐Ÿ“ Bucarest๐Ÿ—“๏ธ Founded: 2018

MultiversX (formerly Elrond) is a scalable public blockchain founded in 2018 in Romania. Using sharding, it offers fast transactions and low fees for decentralized applications. It launched the EGLD token, raising hundreds of millions in its ICO. With over 3,000 validator nodes, it aims to support Web3, DeFi and NFTs with an energy-efficient architecture.

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About MultiversX

MultiversX (formerly known as Elrond) is a public, scalable blockchain founded in 2018 in Romania, built around adaptive sharding technology enabling high-speed, low-fee transaction processing โ€” features designed to compete with more established layer-1 blockchains on throughput and operating costs. 2025 and 2026 have been years of intense technical development and roadmap execution. In Q4 2025, the network launched Staking v5 on mainnet, an upgrade aimed at improving network decentralisation through a new emission model, updated distribution mechanics, and MultiSig smart contracts for DAOs. In December 2025, the community participated in the "Battle of Nodes" event to strengthen network resilience. The most anticipated technical milestone is Supernova, expected in Q1 2026: an upgrade introducing advanced sharding capabilities with sub-second transaction finality and cross-shard atomic composability, elements MultiversX describes as a real turning point for its ambition to become an "internet-scale blockchain." On the economic front, 2026 will see a comprehensive tokenomics overhaul that, following a governance vote, will transition the ecosystem to an inflationary model. In January 2026, the EGLD token was listed on the KuCoin exchange, broadening the asset's accessibility to a wider user base. Within the MultiversX-linked ecosystem, xMoney also announced the launch of three new stablecoins (EURXM, USDXM, RONXM), expected in June 2026. MultiversX is thus in a phase of technical consolidation after years of development, aiming to demonstrate โ€” through concrete execution of its roadmap rather than hype โ€” the credibility of its proposition as scalable, global-scale blockchain infrastructure.

Market & Clients

Geographic Presence

RO

Funding & Investors

Total Funding

โ‚ฌ200M

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Sources

๐ŸŽ™๏ธ Scalable Podcast โ€” European startup stories ยท ๐Ÿ‡ฎ๐Ÿ‡น in Italian
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