YZi Labs Doubles Down on Sign, Funding Expansion of Sovereign Blockchain Infrastructure

YZi Labs has taken a significant step forward in supporting blockchain technology’s real-world applications with an investment in Sign. This follow-on funding marks the continuation of YZi’s strategy to empower sovereign digital infrastructure and build impactful solutions for governments. Sign, established in 2021, is a frontrunner in token management and verifiable credentials, serving over 50 million users and facilitating billions of transactions on their platforms like EthSign and TokenTable. This investment will fuel Sign’s expansion into national blockchain systems designed to enable sovereign digital assets and verifiable credentials. Their work with BNB Chain focuses on building compliant infrastructure for national stablecoins, positioning BNB Chain as a crucial layer for sovereign applications. The company also outlines ambitious plans for providing blockchain-based public services to 40 million people within the year, detailed in their whitepaper ‘Sovereign Infrastructure for Global Nations (S.I.G.N.).’ Sign boasts a global team comprised of talent from esteemed institutions like Harvard, Cornell, and UC Berkeley. Sign’s CEO, Xin Yan, emphasizes that the industry needs to move past just technological innovation to achieve true adoption. YZi Labs partner, Dana H., asserts that Sign’s work on BNB Chain is revolutionizing blockchain’s role in society, moving from individual enterprises towards nation-level solutions for digital sovereignty.