Pi Network Invests $100 Million in Startups Seeking Real-World Utility

Pi Network, the mobile-first blockchain project, has launched a dedicated venture capital fund of $100 million. This fund aims to support early-stage startups focused on developing real-world applications for Pi Coin. The new entity, called Pi Network Ventures, will oversee this investment program, deploying funds combining U.S. dollars and Pi Coin reserves from the Pi Foundation.