Company Information

Get to know Elrond

Originally launched as Elrond in 2017, the company rebranded to MultiversX in late 2022 to reflect its expanding mission to build the foundation for the metaverse and a new, decentralized digital economy. The core of its business is a layer-1 blockchain architecture that uses "Adaptive State Sharding" and a "Secure Proof of Stake" (SPoS) consensus mechanism to achieve high throughput and low transaction costs. The company's mission is to provide a robust, scalable, and user-friendly infrastructure for developers, enterprises, and users to build and access the next generation of internet applications, including DeFi, NFTs, and Web3 services.

Industry

Crypto CryptocurrencyPRIMARY
Financial Other Service

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Elrond

Romania

Founded in

31 Mei 2018 (8 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Licenses

--/40

Reviews

--/60

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FTD LIMITED

(505 reviews)

British Virgin Islands

2017

(9 years)

Security Information :

BVI FSC

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.