Zhao Changpeng (CZ) Chia a post about Sign launching the SIGN Token , stating that he had some involvement in introducing connections but did not participate in writing the code. The SIGN Token then saw a sharp increase in price in the short term.
Sign is a minority shareholder in YZi Labs' portfolio, the information said. SIGN price touched $0.135 and is currently trading around $0.10508, up 24 hours by 22.77%.
Zhao Changpeng confirmed to have assisted with connections, not coding.
Sign is said to be in the YZi Labs portfolio as a minority shareholder.
The SIGN Token was at $0.135 and is currently around $0.10508, up 22.77% in 24 hours.
Details of Zhao Changpeng's statement
Zhao Changpeng Chia a post related to Sign launching the SIGN Token and said he contributed some connections and did not participate in writing code for the project.
The Chia clearly states that the form of support is connection and introduction in some countries, without further describing the scope or nature of cooperation between the parties.
Information related to YZi Labs and Sign
Disclosures show that Sign is a portfolio company of YZi Labs, with YZi Labs holding a minority stake in the business.
The legal details, ownership structure, and specific Vai of YZi Labs in Sign are not fully presented in the public statement; interested parties should verify further from the official documentation.
SIGN Token Price Evolution
The market recorded Token SIGN touching $0.135 at one point and is currently trading around $0.10508, with a 24-hour increase of 22.77%.
Short-term price fluctuations can be caused by news, trading activity or low liquidation ; investors should be cautious and check volume and Order Book before making a decision.
Impact and recommendations
Statements by influential individuals may influence market perception, but are not a substitute for legal information or official project documentation.
Recommendation: verify official sources from the project and investors should consider the risks, avoid making decisions based solely on word of mouth information or social media Chia .
Is this statement a confirmation of deep cooperation between Zhao Changpeng and Sign?
No; the information only states that Zhao Changpeng provided support through connection and affirmed that he did not participate in coding, which does not mean strategic cooperation or formal technical development.
Is Sign fully owned by YZi Labs?
According to the announcement, YZi Labs is a minority shareholder of Sign, meaning it does not own the entire company; details of the ownership ratio need to be verified in official documents.
What is the current price of SIGN Token ?
The Token was recorded at $0.135 and is currently trading around $0.10508, with a 24-hour increase of 22.77%.
