#YZILabs
YZi Labs Announces Follow-on Investment in Sign to Scale National Blockchain Infra on BNB Chain
YZi Labs
@yzilabs
·
3h
Key Takeaways:
YZi Labs announces follow-on investment in Sign to accelerate the development of national blockchain infrastructure, advancing real-world utility, digital sovereignty, and public-sector adoption.
Sign is expanding from token distribution to sovereign-grade infrastructure, collaborating with governments to build blockchain-based systems for money, identity, and verifiable credentials.
Many of the systems Sign is developing are built on BNB Chain.
YZi Labs today announced a follow-on investment round in Sign after its initial investment in December 2024. A blockchain technology company pioneering token distribution and verifiable credentials, Sign is now expanding its mission to build national-scale blockchain infrastructure for sovereign governments, with many of its products built on BNB Chain. The follow-on investment underscored YZi Labs’ long-term investment principles and support for real-world utility, public infrastructure, and digital sovereignty.
Founded in 2021, Sign has grown into one of the leading players in token distribution and on-chain credentials, trusted by over 200 projects. Its omni-chain attestation protocol and suite of applications — including EthSign for contract signing, TokenTable for token distribution have collectively served over 50 million users and processed billions in token transactions.
YZi Labs’ initial investment came when Sign’s TokenTable was emerging as a category leader, and initiatives like Sign Pass – an on-chain “Green Card” launched with the Government of Sierra Leone – were setting new standards for verifiable digital identity. Since then, Sign has evolved from powering token economies to building national-scale blockchain infrastructure, partnering with multiple governments to design sovereign systems and establish long-term frameworks for future state-level projects.