YZi Labs leads a $25.5 million strategic financing for Sign

ChainCatcher news, YZi Labs led a strategic financing round of $25.5 million for Sign, with IDG Capital also participating in this round. Sign's CEO Xin Yan stated that Sign is committed to building digital infrastructure and plans to use the funds to expand its technology team. The funds will also be used to develop various partnerships aimed at promoting sovereign blockchain infrastructure.

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