Does 'MultiVersus' have local multiplayer?

‘Multiversus’ is currently enjoying a huge amount of success during its open beta. It’s already among the trending game list on Steam, with an all time peak of over 150,000 players, and over 55 thousand concurrent players, but amid concerns over how the character rotation and progress was working, the developer has promised no more resets for progress, now that the game is in open beta.

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Does 'MultiVersus' have local multiplayer?