{"id":147916,"date":"2025-01-29T15:30:10","date_gmt":"2025-01-29T13:30:10","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=147916"},"modified":"2025-01-29T15:39:03","modified_gmt":"2025-01-29T13:39:03","slug":"binance-founder-returns-to-crypto-with-16m-investment-in-blockchain-airdrop-platform","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/binance-founder-returns-to-crypto-with-16m-investment-in-blockchain-airdrop-platform\/","title":{"rendered":"Binance Founder Returns to Crypto with $16M Investment in Blockchain Airdrop Platform"},"content":{"rendered":"<p>Through YZi Labs, he has <strong><a href=\"https:\/\/x.com\/BinanceLabs\/article\/1884285647667826838\" target=\"_blank\" rel=\"nofollow\">invested<\/a><\/strong> $16 million in Sign, a blockchain-based platform focused on secure token distribution.<\/p>\n<p>Previously known as Binance Labs, YZi Lab<strong>s<\/strong> revealed that the investment will help Sign scale its global airdrop services, targeting both human users and AI-driven entities. Despite earlier interest in biotech, CZ\u2019s latest backing shows he remains deeply involved in Web3, blockchain infrastructure, and DeFi.<\/p>\n<p>Sign, launched in 2021, has grown rapidly, with its revenue soaring from $1.7 million in 2023 to $15 million in 2024. CEO Xin Yan attributes this success to the Open Network (TON) blockchain, which has fueled increased token distribution.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/uk-may-sell-6-27-billion-in-bitcoin-to-address-fiscal-deficit\/\" title=\"UK May Sell $6.27 Billion in Bitcoin to Address Fiscal Deficit\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/Britain-Parliament-Cy_Horo-240x170.jpeg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">UK May Sell $6.27 Billion in Bitcoin to Address Fiscal Deficit<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>Looking ahead, the platform aims to expand internationally and integrate on-chain identity verification into blockchain adoption efforts, including potential government collaborations.<\/p>\n<p>Other notable investors in the funding round include Altos Ventures, HackVC, and Amber Ventures, further solidifying Sign\u2019s role as a key player in the token airdrop sector.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Just months after completing a four-month prison sentence for violating anti-money laundering laws, Changpeng &#8220;CZ&#8221; Zhao is already making moves in the crypto industry.<\/p>\n","protected":false},"author":9,"featured_media":22396,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[22],"tags":[],"class_list":["post-147916","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Binance Founder Returns to Crypto with $16M Investment in Blockchain Airdrop Platform<\/title>\n<meta name=\"description\" content=\"Just months after completing a four-month prison sentence for violating anti-money laundering laws, Changpeng &quot;CZ&quot; Zhao is ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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