Who is the owner of Utrust? Is it a publicly traded company, or is it privately held? Could you provide some background information on the ownership structure of this
cryptocurrency platform? Are there any notable investors or stakeholders associated with Utrust? How has the ownership of the company evolved over time, and what impact has it had on the direction and strategy of the business?
6 answers
Isabella
Mon Aug 12 2024
Utrust, a cryptocurrency payments platform, was founded in 2017 by a team of accomplished individuals including Nuno Correia, Roberto Machado, Filipe Castro, and Artur Goulão. Their mission was to revolutionize the way people transact with digital assets.
CoinMaster
Mon Aug 12 2024
Recently, Utrust announced a significant milestone in its journey. It was acquired by blockchain technology giant MultiversX, formerly known as Elrond. This acquisition signals a new chapter for Utrust and its future development.
Nicola
Mon Aug 12 2024
Alongside the acquisition announcement, Utrust also revealed its merger with Twispay, a fintech company specializing in payment solutions. This strategic move aims to expand Utrust's offerings and reach a wider audience.
GangnamGlitter
Mon Aug 12 2024
To mark this new era, Utrust has undergone a rebranding, adopting a fresh identity with a new name: xMoney. This change reflects the company's evolution and commitment to staying at the forefront of the industry.
emma_anderson_scientist
Sun Aug 11 2024
With the support of MultiversX and the integration of Twispay's capabilities, xMoney is poised to make even greater strides in the world of cryptocurrency payments. It plans to leverage its newfound resources to enhance its platform and offer even more features to its users.