The post Sign Secures $25.5 Million for Blockchain Development appeared on BitcoinEthereumNews.com. Key Points: Sign raises $25.5 million from YZi Labs and IDG Capital. Funds to boost tech team and blockchain infrastructure. SIGN token sees significant market movement post-announcement. YZi Labs led a $25.5 million funding round for Sign, with IDG Capital, to bolster sovereign blockchain infrastructure and expand its tech team. This funding boosts Sign’s goal to connect nations via blockchain, impacting the SIGN token, and advancing digital sovereignty efforts. Sign Secures $25.5 Million to Enhance Infrastructure Sign has successfully raised $25.5 million in a strategic funding round led by YZi Labs with IDG Capital’s participation. The funding aims to expand the company’s technological capabilities, according to Xin Yan, CEO of Sign. The round follows a previous $16 million investment from YZi Labs earlier this year. Sign plans to utilize the funds to build sovereign blockchain infrastructure, grow its technology team, and develop partnerships. This move is pivotal in facilitating digital identity integration, particularly in Asia and the Middle East. As Xin Yan, CEO of Sign, stated: “While blockchain and sovereign nations may hold different ideological foundations, they can in fact benefit greatly from each other. Our goal is to deliver blockchain-based services to 50 million people in the first year, and to gradually shape a global protocol that connects nations through technology.” SIGN Token Rallies with Increased Investor Interest Did you know? Sign’s recent success mirrors the upward trend in blockchain solutions following major VC rounds, highlighting the consistent demand for digital identity systems. According to CoinMarketCap, Sign currently trades at $0.04, showing a 6.94% price change over 24 hours. Its trading volume peaked at $148.49 million, marking a significant increase, while SIGN’s market cap stands at $58.43 million. Sign(SIGN), daily chart, screenshot on CoinMarketCap at 21:59 UTC on October 21, 2025. Source: CoinMarketCap The Coincu research team’s notes that… The post Sign Secures $25.5 Million for Blockchain Development appeared on BitcoinEthereumNews.com. Key Points: Sign raises $25.5 million from YZi Labs and IDG Capital. Funds to boost tech team and blockchain infrastructure. SIGN token sees significant market movement post-announcement. YZi Labs led a $25.5 million funding round for Sign, with IDG Capital, to bolster sovereign blockchain infrastructure and expand its tech team. This funding boosts Sign’s goal to connect nations via blockchain, impacting the SIGN token, and advancing digital sovereignty efforts. Sign Secures $25.5 Million to Enhance Infrastructure Sign has successfully raised $25.5 million in a strategic funding round led by YZi Labs with IDG Capital’s participation. The funding aims to expand the company’s technological capabilities, according to Xin Yan, CEO of Sign. The round follows a previous $16 million investment from YZi Labs earlier this year. Sign plans to utilize the funds to build sovereign blockchain infrastructure, grow its technology team, and develop partnerships. This move is pivotal in facilitating digital identity integration, particularly in Asia and the Middle East. As Xin Yan, CEO of Sign, stated: “While blockchain and sovereign nations may hold different ideological foundations, they can in fact benefit greatly from each other. Our goal is to deliver blockchain-based services to 50 million people in the first year, and to gradually shape a global protocol that connects nations through technology.” SIGN Token Rallies with Increased Investor Interest Did you know? Sign’s recent success mirrors the upward trend in blockchain solutions following major VC rounds, highlighting the consistent demand for digital identity systems. According to CoinMarketCap, Sign currently trades at $0.04, showing a 6.94% price change over 24 hours. Its trading volume peaked at $148.49 million, marking a significant increase, while SIGN’s market cap stands at $58.43 million. Sign(SIGN), daily chart, screenshot on CoinMarketCap at 21:59 UTC on October 21, 2025. Source: CoinMarketCap The Coincu research team’s notes that…

Sign Secures $25.5 Million for Blockchain Development

2025/10/22 06:47
Key Points:
  • Sign raises $25.5 million from YZi Labs and IDG Capital.
  • Funds to boost tech team and blockchain infrastructure.
  • SIGN token sees significant market movement post-announcement.

YZi Labs led a $25.5 million funding round for Sign, with IDG Capital, to bolster sovereign blockchain infrastructure and expand its tech team.

This funding boosts Sign’s goal to connect nations via blockchain, impacting the SIGN token, and advancing digital sovereignty efforts.

Sign Secures $25.5 Million to Enhance Infrastructure

Sign has successfully raised $25.5 million in a strategic funding round led by YZi Labs with IDG Capital’s participation. The funding aims to expand the company’s technological capabilities, according to Xin Yan, CEO of Sign. The round follows a previous $16 million investment from YZi Labs earlier this year.

Sign plans to utilize the funds to build sovereign blockchain infrastructure, grow its technology team, and develop partnerships. This move is pivotal in facilitating digital identity integration, particularly in Asia and the Middle East. As Xin Yan, CEO of Sign, stated:

SIGN Token Rallies with Increased Investor Interest

Did you know? Sign’s recent success mirrors the upward trend in blockchain solutions following major VC rounds, highlighting the consistent demand for digital identity systems.

According to CoinMarketCap, Sign currently trades at $0.04, showing a 6.94% price change over 24 hours. Its trading volume peaked at $148.49 million, marking a significant increase, while SIGN’s market cap stands at $58.43 million.

Sign(SIGN), daily chart, screenshot on CoinMarketCap at 21:59 UTC on October 21, 2025. Source: CoinMarketCap

The Coincu research team’s notes that Sign’s focus on sovereign blockchain infrastructure aligns with emerging trends in public-sector integration and decentralized identity. This strategic positioning could potentially solidify Sign’s role in future digital sovereignty solutions.

Source: https://coincu.com/news/sign-raises-25-5m-blockchain-growth/

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Privacy Coins Rally Driven by Technicals, Narrative

Privacy Coins Rally Driven by Technicals, Narrative

The post Privacy Coins Rally Driven by Technicals, Narrative appeared on BitcoinEthereumNews.com. Privacy tokens are taking center stage this week, bucking the slump that has affected the broader cryptocurrency market. Notable commentators in the cryptocurrency space have been predicting a spike in privacy coin prices for months. Their projections now appear to be coming true. Some have wondered whether there hasn’t been a coordinated effort to pump privacy coin prices. Zcash Foundation’s executive director, Alex Bornstein, has told Cointelegraph that Zcash’s recent success is due to broader concerns about governments infringing on users’ right to privacy. A combination of hype and technicals has put privacy coins back in the spotlight as other coins struggle. Zcash Privacy coin Zcash (ZEC) has made impressive gains, with its market capitalization up more than 10% over the last week. Zcash’s price is up over 76% over the last seven days to $632. It flipped Monero (XMR) to become the largest privacy coin by market capitalization. Zcash price saw gains of over 75% on the week. Source: CoinMarketCap The price increase follows significant upgrades made by the network’s developer, the Electric Coin Company. At the beginning of the month, the company introduced cross-chain swaps and private payments by integrating with the transaction layer Near Intents. The integration resulted in a spike in Zcash volume on Near Intents and an expansion of the “shielded pool” — i.e., the collection of encrypted addresses where ZEC is stored. Bornstein told Cointelegraph on Chain Reaction that “there’s just a powerful narrative, and I think people are just waking up to what Zcash can really accomplish.” Related: Why Zcash and privacy tokens are back in the conversation Monero Monero (XMR), which until recently was the largest privacy coin on the market, saw a near 10% price gain over the past week. Its market capitalization increased 2.7% to $6.62 billion. Monero price closed…
Share
BitcoinEthereumNews2025/11/09 00:16