Rumors have recently surfaced that Pi Network, the mobile-mining cryptocurrency project, has received $15 billion in funding. Recently various social media accounts are sharing screenshot of an image showing business description and key information of Pi network.
Source: Twitter
Pi Network officially hasn’t disclosed any such information. However, these rumors are based on data taken from Tracxn Scan, a platform that lets investors discover trending businesses around the globe.
To verify these claims, we at CryptoTimes checked the Tracxn website and found no such information. The funding details for Pi Network remain undisclosed on the website.
Source: Tracxn
Pi Network has received investment from three significant investors: Designer Fund, 137 Ventures, and Ulu Ventures. While the exact funding amount remains undisclosed, their backing adds to the project’s credibility and long-term potential.
On the other hand, the crypto community and Pi enthusiasts are now eagerly awaiting the official launch of Pi, anticipating that it could revolutionize the space with its unique mobile-mining mechanism and massive global user base.
