CZ Makes First Investment Since Release
Date: 2025-01-29 Author: Gabriel Deangelo Categories: BUSINESS
YZi Labs (formerly Binance Labs) led a $16 million investment round for Sign. This startup is developing infrastructure solutions for distributing tokens with recipient data verification. Its ecosystem includes EthSign for signing contracts, TokenTable for managing digital assets, and Sign Protocol, designed to verify users. The developers emphasize that their solutions are suitable for both humans and AI agents.
According to the company, the protocol will bring in $15 million in revenue in 2024. A significant portion of this amount came from the TON ecosystem, including Notcoin, Dogs, Gamee, and Hamster Kombat, which actively use TokenTable.
In addition to YZi Labs, Altos Ventures, HackVC, and Amber Ventures participated in the funding, Fortune reports.
CZ previously noted that blockchain can effectively interact with AI and called for the development of innovative products at the intersection of these technologies.
Meanwhile, in January 2025, Donald Trump ordered the development of an AI development strategy in the United States.
