# Breaking News: Sign Protocol Raises $28.65 Million in TGE, Gaining Massive Momentum!

**Published by:** [Chloess](https://paragraph.com/@-chloess/)
**Published on:** 2025-04-29
**Categories:** sign
**URL:** https://paragraph.com/@-chloess/breaking-news-sign-protocol-raises-dollar2865-million-in-tge-gaining-massive-momentum

## Content

Latest Progress on Sign Protocol According to official announcements, Sign Protocol has completed its Token Generation Event (TGE) and will soon launch on major platforms! Introduction to Sign Protocol Sign Protocol is a blockchain-based decentralized compliance protocol and digital asset distribution platform dedicated to providing Web3 projects, enterprises, and individuals with legally binding on-chain agreement signing and transparent token management solutions. By integrating decentralized identity (DID), smart contracts, and cross-chain technology, Sign Protocol has built an automated ecosystem covering electronic signature authentication, token distribution, and compliance enforcement. It bridges traditional legal frameworks with decentralized finance (DeFi) scenarios, enabling efficient, trustworthy, and compliant global collaboration and asset circulation. Sign Protocol Core TeamYan Xin (CEO): Web3 media operations and crypto asset investment expert (institution undisclosed). Spearheads EthSign’s protocol-layer strategy, driving DAO governance and DeFi ecosystem partnerships while integrating cross-chain protocols and compliance service providers.Potter Li (Co-founder): Holds a bachelor’s degree in Computational Mathematics from the University of Southern California. Designed the foundational architecture for on-chain signature protocols and implemented anti-money laundering (AML) modules compliant with the EU’s eIDAS 2.0 draft standards.Jack Xu (CTO): Blockchain course instructor at the University of Southern California (engineering focus undisclosed). Developed decentralized signature protocols integrating zero-knowledge proofs and multi-party computation, achieving million-level TPS across EVM and non-EVM chains. His technical frameworks have been published in CCS/IEEE.Claire Ma (Product Lead): Cornell Engineering undergrad + NYU Master’s in Financial Management. Created a "dual-engine on-chain/off-chain" architecture compatible with traditional ERP systems (e.g., SAP) and DAO toolchains (e.g., Snapshot), reducing user onboarding barriers by 70% and boosting retention by 40%.Sign Protocol Funding MilestonesJuly 2021: Closed a $650,000 seed round led by Draper Associates.March 2022: Raised $12 million in a round co-led by Mirana Ventures and Peak XV Partners.February 2023: Secured investment from Animoca Brands.January 2025: Announced a $16 million raise led by YZi Labs.Sign Protocol Tokenomics $SIGN, the native cryptocurrency of the Sign ecosystem, has a total supply of 10,000,000,000 (10 billion) tokens, allocated as follows:40% – Community Incentives20% – Supporters (Early investors and strategic partners)10% – Early Team Members (Rewarding foundational contributors)10% – Ecosystem (Partnerships with enterprises, governments, and global communities)20% – Foundation (Long-term development and sustainability initiatives)Future Vision for Sign Protocol Sign Protocol aims to build a global network of legally recognized on-chain agreements by continuously refining decentralized identity verification and smart contract automation. The platform will enhance multi-chain compatibility and compliance adaptability, providing traditional enterprises with blockchain integration pathways while empowering crypto-native projects like DAOs and DeFi to achieve secure, transparent asset management. By driving blockchain adoption within regulatory frameworks, Sign Protocol seeks to accelerate the large-scale implementation of decentralized technologies worldwide.

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