Token distribution infrastructure Sign completes $16 million financing, led by Yzi Labs

ChainCatcher news, according to official sources, the on-chain infrastructure for token distribution and credential verification, Sign, has completed a $16 million financing round led by Yzi Labs. Altos Ventures, HackVC, and Amber Ventures also participated.

It is reported that Sign is aggregating verified credentials on-chain to build a larger network, thereby creating a more transparent and secure token distribution infrastructure.