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Tech Startup MultiversX Starts Web3 'Super App' With Finance, Social Features
Wednesday, May 14, 2025

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Tech Startup MultiversX Starts Web3 ‘Super App’ With Finance, Social Features

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Rosie Perper Rosie Perper is the Deputy Managing Editor for the Web3 news section, focusing on the metaverse, NFTs, DAOs and emerging technology like VR/AR. She has previously worked across breaking news, global finance, tech, culture and business. She holds a small amount of BTC and ETH and several NFTs.

Follow @ rosieperper on Twitter Metaverse-focused blockchain MultiversX has launched its xPortal “super app,” combining complex elements of digital finance, artificial intelligence (AI) avatars and chat functionality into a compact mobile interface. The app, available on Android and iOS, offers a suite of features like end-to-end encrypted messaging and a portal for Web3 apps and metaverse experiences, according to a press release. “With just a few taps or the simple sending of a message, you can easily send and receive money, crypto and [non-fungible tokens], make payments, use a debit card, track investments and explore the financial, crypto and NFT ecosystems,” the release says.

In addition, users can create personalized avatars to enhance the experience. “xPortal’s ability to make Web3 and the metaverse accessible to any smartphone user on the world shifts the entire conversation around all-accessible digital experiences from a distant vision of the future into a reality today,” said Sergiu Biris, MultiversX Labs head of product, in the statement. The company, formerly called Elrond, rebranded itself to MultiversX in November to signal a shift to metaverse and Web3 integrations built on its prior work as a layer 1 blockchain.

The firm also recently announced that it is partnering with China’s Tencent Cloud to help it expand its Web3 products. DISCLOSURE Please note that our privacy policy , terms of use , cookies , and do not sell my personal information has been updated . The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies .

CoinDesk is an independent operating subsidiary of Digital Currency Group , which invests in cryptocurrencies and blockchain startups . As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights , which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG .

Rosie Perper Rosie Perper is the Deputy Managing Editor for the Web3 news section, focusing on the metaverse, NFTs, DAOs and emerging technology like VR/AR. She has previously worked across breaking news, global finance, tech, culture and business. She holds a small amount of BTC and ETH and several NFTs.

Follow @ rosieperper on Twitter Learn more about Consensus 2023 , CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus. coindesk.

com to register and buy your pass now. Rosie Perper Rosie Perper is the Deputy Managing Editor for the Web3 news section, focusing on the metaverse, NFTs, DAOs and emerging technology like VR/AR. She has previously worked across breaking news, global finance, tech, culture and business.

She holds a small amount of BTC and ETH and several NFTs. Follow @ rosieperper on Twitter.


From: coindesk
URL: https://www.coindesk.com/web3/2023/02/28/tech-startup-multiversx-launches-web3-super-app-with-finance-social-features/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

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