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 this round of financing 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 project, aiming to standardize on-chain verifiable invoices, receipts, and bills through smart contracts and multi-chain compatibility, thereby providing blockchain payments with audit and regulatory value. Colin Ho, co-founder and CEO of Pieverse, stated that Pieverse aims to achieve clarity and compliance standards for on-chain transactions that are on par with traditional finance. This financing will support the expansion of enterprise-level compliance functions and global team building, and accelerate the multi-chain integration process.