Pieverse completes $7 million strategic financing, led by Animoca Brands and UOB Ventures

ChainCatcher news, Web3 payment and compliance infrastructure startup Pieverse announced the completion of a $7 million strategic financing round, led by Animoca Brands and UOB Ventures, with participation from 10K Ventures, Signum Capital, Morningstar Ventures, Serafund, Undefined Labs, and Sonic Foundation.

Pieverse stated that the funds from this round will be used to strengthen its compliant payment infrastructure, advance the development of verifiable on-chain financial tools, and enhance the transparency and compliance of Web3 payments. The company is supported by Binance MVB Season 9 and aims to standardize on-chain verifiable invoices, receipts, and bills through smart contracts and multi-chain compatibility, thereby providing audit and regulatory value to blockchain payments.

Colin Ho, co-founder and CEO of Pieverse, stated that Pieverse aims to bring on-chain transactions to the same level of clarity and compliance standards as traditional finance. This financing will support the expansion of enterprise-level compliance capabilities and global team building, as well as accelerate the multi-chain integration process.