Pi Network Secures Major VC Backing from 137 Ventures
Pi Network trading at $0.4570, down 2.05%, with $81.57M in 24h volume
137 Ventures officially adds Pi Network to its elite investment portfolio
Growing utility and upcoming Mainnet signal Pi’s readiness for large-scale adoption
Pi Network is currently trading at $0.4570, which represents a 2.05% fall in the last 24 hours. While the fall did occur, there has been rising investor action; 24-hour volume has increased 26.11% to $81.57 million. Even in the seven-day frame, Pi remains bearish, as it has dropped 10.78% during the week, which represents ongoing short-term selling pressure in the token.
Pi Network Joins 137 Ventures Portfolio
In a development set to redefine its trajectory, Pi Network has been officially included in the portfolio of 137 Ventures, a prominent Silicon Valley venture capital firm. First highlighted by crypto analyst Mr. Spock, the announcement has sent ripples across the blockchain sector.
Known for backing transformative tech players such as SpaceX, Spotify, and Anduril Industries, 137 Ventures’ strategic recognition of the coin positions the project among elite disruptors.
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This move represents more than financial validation. It reflects a calculated bet on Pi’s mobile-first mining architecture, which has democratized crypto access for over 47 million users. Pi’s ability to foster massive global adoption without the need for costly hardware is increasingly seen as a model for scalable blockchain adoption.
Pi Network Mainnet Launch Imminent
Its Open Mainnet is about to come online, so the timing of this venture capital validation could not be any more opportune. Pi Network has had six years of constructing infrastructure, approaching a grassroots user base, and creating decentralized applications in its ecosystem.
And now, through institutional backing, Pi seems set to transition from a unique experiment into a credible Web3 player.
Developers, investors, and companies are paying attention. Its expanding app ecosystem of in-app utilities and merchant integrations serves to facilitate real-world use, one important factor in an age growing ever more concerned with utility rather than speculation.
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Filed under: Bitcoin - @ July 8, 2025 6:00 am