YZi Labs Increases Investment in Sign to Develop Blockchain Infrastructure for Government Use

Investment Announcement: YZi Labs has made a follow-on investment in Sign, a blockchain company focused on token distribution and digital credentials, enhancing its strategy for real-world utility and blockchain infrastructure.

Sign's Achievements: Founded in 2021, Sign has served over 50 million users and processed billions in token transactions, with products like EthSign and TokenTable, and has developed the Sign Pass in collaboration with the Government of Sierra Leone.

Future Plans: With new funding, Sign aims to expand its national blockchain systems for sovereign digital assets and verifiable credentials, collaborating with BNB Chain to create compliant infrastructure for national stablecoins.

Vision for Digital Sovereignty: Sign's CEO emphasizes the need for digital infrastructure for sovereign nations, while YZi Labs highlights the transformative potential of blockchain in society, impacting enterprises and governments alike.