HomeNewsYZi Labs Expands Investment in Sign to Build Blockchain Infrastructure for Governments

YZi Labs Expands Investment in Sign to Build Blockchain Infrastructure for Governments

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YZi Labs has announced a follow-on investment in Sign, a blockchain company pioneering token distribution and verifiable digital credentials, following its initial funding in December 2024. The move strengthens YZi’s long-term strategy to back real-world utility and sovereign blockchain infrastructure.

Founded in 2021, Sign has become a leader in on-chain identity and token management, serving over 50 million users and 200 projects through products like EthSign and TokenTable, which have processed billions in token transactions. Its omni-chain attestation protocol underpins national-scale blockchain applications, including Sign Pass, an on-chain “Green Card” developed with the Government of Sierra Leone.

With new funding, Sign will expand its focus to national blockchain systems that enable sovereign digital assets and verifiable credentials. The company is working with BNB Chain to develop compliant infrastructure for national stablecoins, positioning BNB Chain as a settlement layer for sovereign applications.

Sign’s new whitepaper, Sovereign Infrastructure for Global Nations (S.I.G.N.), outlines plans to deliver blockchain-based public services to 40 million people within a year. Its global team, spanning Harvard, Cornell, and UC Berkeley alumni, will drive product innovation across finance, regulation, and cryptography.

“The crypto industry is rich in technology but poor in adoption,” said Xin Yan, CEO of Sign. “Our mission is to build digital infrastructure for sovereign nations, covering money systems, credentials, and governance.”

YZi Labs’ partner Dana H. added: “Sign’s work on BNB Chain is redefining blockchain’s role in society. From enterprises to entire nations, this evolution is what digital sovereignty truly means.”

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Collin Brown
Collin Brown
Collin Brown is the managing partner of ETHNews. He is a seasoned Bitcoin investor who entered the crypto scene during its early stages and has since become a veteran trader in both the cryptocurrency and forex markets. His journey began in 2012 when he made his first investment in Bitcoin, marking the beginning of his deep-rooted passion for blockchain technology and digital assets. With a mission to demystify the intricacies of blockchain for the masses, Collin endeavors to bring the world of cryptocurrencies closer to everyone. His insightful reports are dedicated to shedding light on the latest developments and innovations within the realms of Bitcoin, Ethereum, Ripple (XRP), IOTA, VeChain, Cardano, Hedera, and numerous other cryptocurrencies. Marcel's in-depth analysis and commitment to providing accessible information make him a trusted source for both novice and experienced crypto enthusiasts. Collin's academic background includes a Master's Degree in Business Education, which has equipped him with a solid foundation in financial markets and investment strategies. Over the past decade, he has amassed invaluable experience working with various startups across the globe, enriching his knowledge and understanding of the ever-evolving cryptocurrency landscape. With his wealth of expertise and dedication to empowering others with crypto knowledge, Collin continues to be a driving force in the cryptocurrency community. Business Email: [email protected] Phone: +49 160 92211628
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