Pieverse Secures Pre-TGE Funding From CMS Holdings To Advance x402b And On-Chain Payment Infrastructure

Decentralized platform enabling time‑based mostly interactions between customers and creators, Pieverse has introduced that it has secured a pre‑TGE funding from CMS Holdings to additional its improvement. 

This funding boosts Pieverse’s whole funding to $10 million, together with previous seed and strategic rounds. The firm plans to develop x402b, a variant of the x402 funds protocol tailor-made for the BNB Chain with gasless, auditable transactions, and to scale its on‑chain timestamping protocol, which powers verifiable invoices, receipts, and checks. 

By combining x402b with the timestamping layer, Pieverse goals to allow funds that embody constructed‑in proof of cost, transparency by on‑chain receipts, and gasless commerce by way of pieUSD, a wrapped token with EIP‑3009 assist. The system is meant to supply each customers and AI brokers confidence in absolutely auditable, verifiable transactions. 

CMS Holdings, a principal funding agency within the cryptocurrency sector, shares Pieverse’s perception in linking actual enterprise exercise with compliant and accountable funds. This pre‑TGE spherical accelerates deployment of the prolonged x402 framework, positioning Pieverse to allow agent‑native and agent‑to‑agent commerce with compliance and auditability in-built.

x402: A Web-Native Payment Protocol Enabling Agent-First, Gasless Transactions

x402 is an web‑native funds protocol designed for Agents, providing quick, low‑price, absolutely on‑chain transactions. Agents will pay per API name utilizing USDC with quick settlement, no chargebacks, and full compliance, all without having to handle API keys or subscription methods. 

“Facilitators” like PayAI or Coinbase function gateways to confirm and settle these funds. x402 builds on the dormant HTTP 402 standing code—“Payment Required”—and offers it an actual function within the digital economic system. When a service responds with a 402, it alerts a price ticket as a substitute of an error. 

Pieverse was among the many earliest groups to undertake the x402 strategy, not too long ago securing an extra $3 million particularly to develop this product.

The publish Pieverse Secures Pre-TGE Funding From CMS Holdings To Advance x402b And On-Chain Payment Infrastructure appeared first on Metaverse Post.