Gate News, February 28 — According to CoinMarketCap data at press time, SIGN (Sign) is currently trading at $0.03, up 20.12% in the past 24 hours. The highest price reached $0.03, and the lowest dropped to $0.02. Its current market cap is approximately $46.9 million, an increase of $7.85 million from yesterday.
Sign is an infrastructure platform dedicated to promoting blockchain applications at the national level, with the slogan “Blockchain for nations. Crypto for all.” The platform’s core products include three main application systems: programmable currencies (CBDC and stablecoins), digital identity systems (verifiable credentials), and sovereign capital markets (RWA).
Sign has established strategic partnerships with multiple governments. The Central Bank of Kyrgyzstan is collaborating with Sign to develop the national digital currency Digital SOM; Sierra Leone is working with Sign to build blockchain infrastructure for digital identity and stablecoin payments; the Abu Dhabi Blockchain Center has signed a strategic partnership with Sign to advance digital record management in the public sector. Additionally, YZi Labs announced a follow-up investment in Sign to support its expansion of national-level blockchain infrastructure on the BNB Chain.
Sign has received investment support from well-known institutions such as Sequoia Capital, IDG, and Abu Dhabi, with the goal of onboarding 300 million users by 2028.
Recent key news about SIGN:
1️⃣ Deepening strategic layout of sovereign fiscal digital infrastructure
Sign’s collaborations with multiple governments have resulted in mature application cases. The Central Bank of Kyrgyzstan is advancing the national digital currency project; Sierra Leone is establishing digital identity and payment infrastructure; the strategic partnership with Abu Dhabi Blockchain Center reflects regional recognition of its technological framework. These government-level collaborations demonstrate Sign’s core competitiveness in CBDC and digital identity fields and show tangible progress in its national-level application commitments.
2️⃣ Ecosystem expansion and continued support from investment institutions
The follow-up funding from YZi Labs supports Sign’s infrastructure expansion on the BNB Chain, indicating market confidence in its cross-chain ecosystem development. Backed by top-tier investors like Sequoia Capital and IDG, Sign’s financing and strategic positioning are strongly endorsed, providing capital security for its goal of 300 million users. Ongoing investment activities reflect institutional optimism about its long-term growth potential.
3️⃣ Multi-dimensional innovation in ecosystem applications
Sign Protocol’s application ecosystem is exploring innovative directions across Telegram and TON ecosystems, open banking, and digital nomad credentials, demonstrating the platform’s ability to translate core functions like programmable currencies, digital identity, and RWA into practical applications. This multi-dimensional development helps expand user base and usage scenarios.
This news does not constitute investment advice. Investors should be aware of market volatility risks.
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