Pieverse Completes US$7 Million Strategic Funding Round Led by Animoca Brands and UOB Ventures

Pieverse, a Web3 payments and compliance infrastructure startup, announced the completion of a $7 million strategic funding 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 funding will be used to strengthen its compliant payment infrastructure, advance the development of verifiable on-chain financial instruments, and enhance the transparency and compliance of Web3 payments. The company, backed by the Binance MVB Season 9 project, aims to standardize on-chain verifiable invoices, receipts, and bills through smart contract compatibility with multiple chains, thereby making blockchain payments auditable and regulatory-friendly. Pieverse co-founder and CEO Colin Ho stated that Pieverse aims to achieve the same level of clarity and compliance standards for on-chain transactions as traditional finance. This funding will support the expansion of enterprise-level compliance capabilities, global team building, and accelerate multi-chain integration. (chainwire)