Blockchain infrastructure firm Sign raises over $25 million in funding round led by YZi Labs, IDG Capital

Blockchain infrastructure developer Sign announced it has raised $25.5 million in a strategic investment round co-led by YZi Labs and IDG Capital, with YZi Labs increasing its investment after leading the Series A round. The funds will support the expansion of strategic partnerships and recruitment to bridge traditional finance with decentralized technology for digital identity, payments, and public service systems. Founded in 2021, Sign already has technology integrated with Singapore’s Singpass and aims to serve 50 million people in its first year while working to shape global blockchain standards connecting nations. YZi Labs emphasized that Sign's evolution from serving users to enterprises and now to sovereign clients, built on the BNB Chain ecosystem, aligns with a vision of blockchain enabling digital sovereignty.

(Source：Crypto Briefing)