January 29, 2025
Sign, a blockchain company specializing in token distribution and credential verification, has secured investment from YZi Labs. The funding will be used to enhance Sign’s on-chain infrastructure, which facilitates the distribution of digital assets while ensuring transparency and security.
The company, founded in 2021, provides services that streamline digital transactions across blockchain networks. Its platform, TokenTable, handles token issuance and distribution, while Sign Protocol enables verification of credentials on-chain. EthSign, another product within its ecosystem, facilitates digital contract execution. Currently, more than 200 blockchain projects, including Movement, Starknet, and ZetaChain, utilize Sign’s technology.
In 2024, the company generated $15 million in revenue and expanded its attestation protocol to serve government-backed identity verification. The latest funding will support further integrations with centralized exchanges, the development of AI-driven solutions, and the launch of a native token.
About Sign
Sign builds blockchain-based tools for token distribution, verification, and identity management. Its TokenTable platform has processed over $4 billion in token transactions, while Sign Protocol connects real-world credentials to blockchain wallets. The company’s solutions are used by over 200 organizations, including government agencies. Investors include Sequoia Capital, Circle, HackVC, and Amber.
Website: https://sign.global/
X: @ethsign
About Investor
YZi Labs
YZi Labs is a global venture capital firm investing in Web3, artificial intelligence, and biotechnology. With a portfolio of more than 250 companies across 25 countries, YZi Labs supports projects at all stages of development. Over 65 startups in its portfolio have participated in its incubation programs.
Location: United States
Website: https://www.yzilabs.io/
A central focus of investor activity in the cryptocurrency space is the evaluation of new crypto projects to invest in, particularly those with huge potential. This blog provides insight into what new ventures are benefiting from venture capital support (VC funding in crypto). These new crypto projects, funded by professional investors, can dictate the next narrative in crypto and the next big crypto movers.
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