Elrond to Acquire Capital Financial Services S.A, Owner of First e-Money License in Romania, Pending Approval of Romania’s National Bank

Sibiu, Romania, October 12, 2021 – Elrond Network, the European startup developing groundbreaking internet-scale blockchain technology, announced today the acquisition of Capital Financial Services S.A. (operated under the Twispay brand), a company licensed to operate an Electronic Money Institution (EMI) in the European Economic Area. Being a principal member of Visa and Mastercard, Capital Financial …