Pi Network Unveils $100M Silicon Valley-Style Venture Fund to Boost Real-World Utility
On May 14, Pi Network announced the launch of a $100 million venture fund through Pi Network Ventures, targeting startups in blockchain, fintech, AI, and e-commerce to drive real-world adoption of its ecosystem. Despite the ambitious initiative, the token price experienced a post-announcement dip—reflecting a classic ’buy the rumor, sell the news’ market reaction.
The fund aims to integrate PI into daily use cases beyond mere capital deployment. However, investor sentiment remained tepid, highlighting the challenge of converting strategic vision into sustained market confidence.