CandleFocus MultiversX poised to join tech giants with office in now revealed U.S. city
2025-03-05
Author: Content Editor
The MultiversX Foundation, known for the EGLD blockchain, may be opening an office in Palo Alto, California, according to a newsletter's footer from an AI hackathon. The blockchain, considered one of the most technically advanced, has its headquarters in Romania and has already achieved significant milestones. It is rumored that the city of Sibiu in Romania may soon adopt EGLD, and xMoney Global, previously owned by MultiversX Labs, is launching MiCA-compliant stablecoins in Europe. The Foundation's blockchain is also being used by Romania's National Press Agency for its news coverage. The co-founding brothers of MultiversX have been discussing plans to establish a US office and have made connections in the country, including meetings with Charles Hoskinson from Cardano and Brian Armstrong from Coinbase. If confirmed, the establishment of an office in Palo Alto could be a major milestone for MultiversX and increase its presence and connections in the US market.
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