Circle and Sequoia Capital backed Sign Protocol to be listed on Binance and Bitget today
SIGN, the native token of Sign Protocol, is set to make its debut on Binance today after its token generation event and mainnet launch.
In an announcement on April 25, crypto exchange Binance said it will list SIGN on April 28, 2025, at 11:00 UTC, with trading pairs against USDT, USDC, BNB, FDUSD, and TRY. The tokens will be available across Ethereum, Binance Smart Chain, and Base networks.
The TGE for SIGN is scheduled an hour earlier, at 10:00 UTC on the same day. During the event, SIGN tokens will be minted on Ethereum and bridged to other supported networks, officially kicking off the launch of Sign Protocol’s mainnet.
Before spot trading starts, SIGN will be featured on Binance Alpha, Binance’s early-stage project platform, starting at 10:00 UTC. Binance will also airdrop 1,500 SIGN tokens to users who have at least 65 Alpha Points, with tokens set to arrive in Alpha accounts within 10 minutes after trading goes live.
Alpha Points are a system Binance uses to reward user activity within the Binance Wallet and Alpha ecosystem.
Separately, Binance will airdrop 200 million SIGN tokens to BNB holders who subscribed to Simple Earn or On-Chain Yields between April 15 and April 19, 2025.
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SIGN has a total supply of 10 billion tokens. At launch, about 1.2 billion tokens, or roughly 12% of the supply, will be in circulation.
Out of the total supply, 40% is allocated to the community, with 10% or 1 billion tokens set aside for TGE airdrops and the rest for future rewards and ecosystem growth. 20% is reserved for early backers, 10% for the founding team, 10% for the foundation, and another 10% to support the broader ecosystem, with vesting schedules in place for team and investor allocations.
Besides Binance, other exchanges like Bybit, Bitget, Gate.io, and MEXC have also announced plans to list SIGN on the same day.
What is Sign Protocol?
Sign Protocol started back in 2020 under the name EthSign, before rebranding as it expanded into omni-chain attestations. It’s a protocol that helps decentralized applications verify and attest information across different blockchains.
It lets users easily create, store, and access verified attestations, aiming to make cross-chain verification more efficient, secure, and developer-friendly.
The network is powered by the SIGN token, which covers attestation fees, rewards participants who help maintain and secure the protocol, and gives the community a say in future upgrades and protocol changes.
In January 2025, the project raised $16 million from a group of major investors, including YZi Labs (formerly Binance Labs), Hack VC, Amber Group, and Altos Ventures, showing strong backing for its vision of building Web3 trust infrastructure.
The project is also backed by Sequoia Capital and Circle Ventures, in an earlier $12 million seed funding round in March 2022.
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2025-04-28 18:42:42
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