Pi Coin Secures Exchange Listing Amid Funding Transparency Concerns

Pi Coin has secured another exchange listing with CoinEx, reaching a significant milestone amid growing concerns about the project's funding transparency.

The listing comes as Pi Coin faces a sharp market decline and mounting pressure from community members demanding financial disclosure.

According to Coinranking data, this marks Pi Coin's 12th exchange listing, expanding its market presence despite ongoing challenges.

The project has faced significant headwinds regarding a potential Binance listing, with 86% of Pi Network users voting in favor of the move.

An investigation by a Pi Network user revealed that SocialChain Inc., the company behind the project, received investments from three firms: 137 Ventures, Ulu Ventures, and Designer Fund. However, two of these investors have not included Pi Network in their official investment portfolios, raising concerns about transparency.