What is Pieverse? Animoca leads a $7 million investment to create a Web3 audit payment layer.

Pieverse is a decentralized Web3 payment infrastructure platform that completed a strategic financing of $7 million in October 2025, co-led by Animoca Brands and UOB Ventures, with participation from well-known investors such as Signum Capital and Morningstar Ventures.

What is Pieverse? Redefining Web3 Payment Infrastructure

Pieverse is a Web3 startup dedicated to changing the way payments, compliance, and auditing operate in the decentralized economy. By combining blockchain technology with compliance-grade financial tools, Pieverse aims to make Web3 transactions as transparent and verifiable as traditional banking systems. The uniqueness of the platform lies in the creation of verifiable on-chain financial instruments such as invoices, receipts, and checks, with each record timestamped and immutably stored on the blockchain.

In the Web2 world, banks and payment applications automatically generate invoices, receipts, and records, which can be audited if necessary. However, in the Web3 world, payments occur on the blockchain, and such records often do not exist in a clear or trustworthy format. Pieverse is attempting to solve this problem by establishing a protocol that allows each blockchain transaction to generate verifiable records—digitally stored receipts that are permanently kept on the chain.

CEO Colin Ho stated: “Every payment in Web3 should have the same clarity and compliance standards as traditional finance. Through this round of financing, we will build infrastructure for businesses, auditors, and regulators to help blockchain transactions function in the real world.”

In addition to the core payment infrastructure, Pieverse has also launched the Timepot infrastructure, which enables the monetization of attention and scheduling. This system facilitates time-based interactions between users and creators through bidding, lotteries, and task-based participation, offering features such as time bidding, time drawing, and time tasks, connecting the Web2 and Web3 ecosystems.

x402b Protocol: Technical Breakthrough Without Gas Fee Payment

Pieverse has introduced x402b on the BNB chain based on its existing x402 protocol. This version includes a Facilitator module that allows for gasless payments using EIP-3009, enabling users to complete transactions by simply signing messages. The Facilitator handles gas costs and generates a compliant digital receipt that is permanently stored on BNB Greenfield for transparency and record-keeping.

This technology breakthrough addresses a long-standing pain point in Web3 payments: user experience barriers. In traditional blockchain payments, users must hold native tokens (such as ETH or BNB) to pay for Gas fees, which creates a significant entry barrier for new users. The x402b protocol abstracts this complexity through the Facilitator module, making the Web3 payment experience close to the fluidity of traditional payment applications.

More importantly, the digital receipts generated by the x402b protocol are not just transaction records, but financial documents that comply with auditing standards. Each receipt includes key information such as timestamps, identities of the transaction parties, transaction amounts, and transaction purposes, and is stored immutably on the BNB Greenfield decentralized storage network. This means that businesses can provide clear transaction evidence to regulatory authorities, accountants, and even customers, making blockchain payments “audit-ready.”

x402b Core Features of the Agreement:

No Gas Payment: Users only need to sign the message, and the Facilitator automatically handles the Gas costs.

EIP-3009 Standard: Based on Ethereum Improvement Proposals, ensuring cross-chain compatibility

Permanent Digital Receipt: Stored on the BNB Greenfield decentralized network, immutable.

Compliance Level Document: Contains information required for auditing, such as timestamp, identity, amount, etc.

Cross-chain support: Designed for multiple networks such as Ethereum, Solana, BNB Chain, and more.

The Strategic Significance Behind the $7 Million Financing

In October 2025, Pieverse completed a strategic financing round of $7 million, marking a growing confidence among traditional investors in Web3 infrastructure. This round of financing was co-led by Animoca Brands and UOB Ventures, with other notable participants including 10K Ventures, Signum Capital, and Morningstar Ventures.

Animoca Brands is known for its investments in blockchain games and metaverse projects, and its participation in Pieverse signifies a belief that secure and compliant payments are the next significant opportunity in the digital economy. The involvement of UOB Ventures also brings the experience of traditional banking and finance, helping Pieverse navigate the regulatory environment that many cryptocurrency startups find challenging.

This funding will be used for three major strategic directions. First, to expand the team size, especially the engineering and compliance teams, to ensure that the protocol can meet the regulatory requirements of different jurisdictions worldwide. Second, to improve technology and accelerate development progress, launching public integrations that allow users to publish blockchain-verified payment records in real-time. Third, to connect to more blockchain networks, achieving true cross-chain compatibility.

For investors, this funding is not just about another blockchain application, but about supporting the infrastructure that can help transition cryptocurrency from speculation to real-world financial channels. Pieverse is building an invisible “pipeline” - the infrastructure that operates the blockchain system behind the scenes, and such infrastructure projects often have longer-term value and broader application scenarios.

Binance MVB Program and Cross-Chain Expansion Strategy

Pieverse is part of Binance's Most Valuable Builder (MVB) Season 9 Accelerator Program. This program provides funding, guidance, and technical resources to early-stage blockchain startups, and the support from the Binance ecosystem provides valuable development resources and market exposure opportunities for Pieverse.

As part of the MVB program, Pieverse is designing its system to operate across multiple blockchains, including Ethereum, Solana, and Binance's BNB Chain. This means that users will be able to create and verify payment records regardless of the network they use. This cross-chain compatibility is crucial for making Web3 payments practical for businesses, freelancers, and large institutions.

Cross-chain strategy is not only a technical choice but also a business necessity. Different blockchains have different advantages and user bases: Ethereum has the most extensive DeFi ecosystem and enterprise recognition, Solana is known for high performance and low fees suitable for high-frequency payments, and the BNB chain has a strong user base in the Asian market. Pieverse, by supporting multi-chain deployment, can reach the broadest potential user base.

Solving the Biggest Pain Points of Web3: Trust and Compliance

One of the biggest challenges facing decentralized finance (DeFi) is trust. Although blockchain transactions are transparent, they can be difficult to interpret without the right tools. Businesses often hesitate to use cryptocurrencies because they are concerned about compliance, record loss, or audit issues. Pieverse aims to make blockchain payments more “audit-ready.”

This establishes a single source of truth for blockchain payments, providing verifiable records for businesses, auditors, and regulators. It eliminates manual reconciliations and reduces the risk of fraud while enhancing auditability. By introducing on-chain financial tools such as digital invoices and receipts, Pieverse offers Web3 users something closer to the traditional finance they already understand—only faster, cheaper, and without central control.

CEO Colin Ho emphasized: “We are building a framework that makes blockchain payments auditable, interoperable, and ready for real-world finance.” If Pieverse succeeds, it could help bridge one of the largest gaps in cryptocurrency adoption - transforming digital payments into something that businesses can truly rely on.

The company's next milestone includes testing its protocol with selected partners and establishing partnerships with blockchain developers and traditional payment platforms. Over time, Pieverse hopes its tools will become the standard method for confirming and auditing payments in Web3, opening the door for more businesses to utilize Web3 technology for practical operations, rather than just investment.