Payment infrastructure Pieverse secures $3 million investment

According to ChainCatcher, Web3 payment and compliance infrastructure startup Pieverse has announced that it has received $3 million in funding from CMS Holdings. This funding will support the expansion of x402b on BNB Chain. Including both seed and strategic rounds, its total financing has now reached $10 million.

Previously, Pieverse launched the x402b protocol to enable gasless payments on BNB Chain. According to the introduction, Pieverse's on-chain timestamp protocol completes the missing verification layer for Web3, providing reliable, transparent, and cross-chain interoperable cryptographic proofs for invoices, receipts, and transactions.