YZi Labs leads $25.5 million strategic funding round for Sign

ChainCatcher reported that YZi Labs led a $25.5 million strategic funding round for Sign, with IDG Capital also participating. Sign CEO Xin Yan stated that Sign is committed to building digital infrastructure and plans to use the funds to expand its technical team. The funds will also be used to develop various partnerships aimed at advancing sovereign blockchain infrastructure.

In January of this year, Sign received $16 million in funding from YZi Labs. Across its seed, Series A, and strategic rounds, Sign has raised a total of over $55 million.