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Global token distribution and credential verification

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Sign is building a global distribution platform for good services and assets. EthSign, Sign's first product, allows users to sign legally binding agreements using their public key, creating an on-chain record of agreement to the terms of the contract. Sign's second product is TokenTable, which helps the Web3 project execute, track and enforce the project's use in distributing its tokens.

Six Major VCs Including Sequoia and a16z Sign MOU with South Korea's National Pension Fund to Boost Investment in AI and Other Strategic Industries

According to Korean media Asiae, six top Silicon Valley VC firms, including Sequoia Capital, a16z, Khosla Ventures, Lightspeed Venture Partners, General Catalyst, and NEA, announced the signing of a strategic investment cooperation memorandum of understanding (MOU) with the South Korean National Pension Service (NPS), planning to jointly explore investment opportunities, share investment information, and strengthen their global venture capital layout. Additionally, with the South Korean government accelerating policies to attract overseas venture capital, coupled with the launch of the 200 trillion won "National Growth Fund," the market expects the Korean venture capital sector to see simultaneous inflows of policy funds, private capital, and overseas capital, with strategic industries such as AI and semiconductors expected to receive more investment. However, industry insiders warn that if a large amount of capital concentrates on a few popular enterprises, it may push up corporate valuations and create bubbles, potentially facing valuation correction pressure during future IPO and M&A exits, affecting fund return rates.

Standard Chartered Maintains Bitcoin $100,000 Target: Strategy's BTC Sales Not a Sign of Risk Deterioration

Standard Chartered stated that it maintains its Bitcoin price prediction of reaching $100,000 by the end of 2026, believing that the recent market decline triggered by Strategy's (formerly MicroStrategy) related activities is not due to a deterioration in the company's balance sheet, but rather a strategic adjustment that the market has not fully understood.Geoffrey Kendrick, Head of Digital Assets Research at Standard Chartered, noted in a report that Strategy's recent behavior is disrupting short-term market expectations for Bitcoin. The market had previously accepted the company's narrative of "never selling Bitcoin," but now Strategy appears to be shifting towards a more complex capital operation model. How clearly the company can communicate this change will determine when market pressure eases.Currently, Strategy holds 843,775 Bitcoins, representing approximately over 4% of the total 21 million Bitcoin supply. From 2020 to mid-2025, Strategy's mNAV (Market Value of Enterprise / Bitcoin Asset Value) was consistently above 1, allowing the company to raise funds through stock issuances to purchase Bitcoin and achieve shareholder value growth. The commitment to "never selling Bitcoin" was central to this model gaining market acceptance. However, with the current mNAV approaching 1, the leverage effect of this financing model is weakening.Kendrick believes Strategy is transitioning from a "Bitcoin accumulation tool" to a "Bitcoin credit support tool." This involves using its Bitcoin holdings as the credit basis for its perpetual preferred stock, STRC. Currently sized at approximately $10 billion, STRC is the largest financial instrument launched by Strategy, offering an annualized dividend rate of 12%, paid semi-monthly in cash, and is designed to maintain a price near its $100 par value through interest rate adjustment mechanisms.Standard Chartered indicated that STRC is currently trading around $90, while Strategy's dollar reserve for paying dividends stands at approximately $2.55 billion, covering an estimated 17.4 months of dividend expenses.Kendrick stated that Strategy's policy adjustment allowing for Bitcoin sales does not necessarily mean the company will continuously sell. He believes that as long as the market believes the new capital structure arrangement can stabilize the STRC price, Strategy may not actually need to sell Bitcoin. He compared this mechanism to a central bank's commitment to "do whatever it takes": mere restoration of market confidence may mean actual intervention never occurs. (The Block)

SpaceX and Reflection AI Sign $6 Billion Data Center Lease Agreement

Reflection AI, a startup building an open-source AI model network, has signed a data center cabinet lease agreement with SpaceX, with a contract scale of $6 billion. Reflection AI is valued at $25 billion. Following agreements with Anthropic and Google, SpaceX signed the contract with Reflection AI, effective from July 1 to the end of 2029, with an expected monthly revenue of $150 million. Both parties can terminate the contract with 90 days' notice after the initial three-month period. Reflection AI, backed by Nvidia, stated that additional computing resources will provide a foundation for building large-scale open-source models. SpaceX has also recently agreed to acquire AI coding company Cursor in a $60 billion all-stock swap transaction.

New York and Wyoming Regulators Sign Agreement to Coordinate Oversight of Crypto Firms

Odaily News: The New York State Department of Financial Services and the Wyoming Division of Banking have signed a memorandum of understanding to coordinate licensing reviews, examinations, and potential enforcement actions for crypto companies operating across state lines.Under the agreement, the two parties will share analytical findings, historical examination data, regulatory reports, and market trend data, coordinate examination schedules, and may conduct joint examinations of companies operating in both states.Companies that have held a license or charter in one state for at least 3 years without enforcement action may receive expedited review when applying for approval in the other state, with the second regulator aiming to make a decision within 6 months. The two parties may also take joint, coordinated, or separate enforcement actions. (Cointelegraph)

New York and Wyoming Regulators Sign Agreement to Coordinate Crypto Regulation

The New York State Department of Financial Services (NYDFS) and the Wyoming Department of Banking have signed a memorandum of understanding to coordinate the regulation of cryptocurrency companies through information sharing and accelerated review processes.

David Sacks: Leading U.S. Frontier AI Labs Sign White House SI Agreement, Will Introduce Internal Controls and External Audits

Odaily reports: David Sacks stated that heads of major U.S. chip, data center, and frontier model companies have held a meeting on the development of "superintelligence," and frontier AI lab leaders have signed the White House Superintelligence Agreement. The agreement is voluntary in nature and aims to strengthen AI safety governance through industry self-regulation.Sacks stated that signatories will assume responsibility for safe product development and implement new internal controls and independent external audit mechanisms. He believes that compared to waiting for international-level regulatory agreements, this model can establish AI safety constraints more quickly while maintaining U.S. development in related technology fields. The above assessment of policy effectiveness represents Sacks' personal views.

KB Securities, Securitize, and Optimism Sign Memorandum of Understanding on Exploring Tokenization in South Korea

According to The Defiant, KB Securities, securities tokenization platform Securitize, and Optimism have signed an exploratory memorandum of understanding to advance asset tokenization in South Korea. On social media platform X, Optimism stated that its first product will be tokenized bonds; however, a blog post published on the same day mentioned two tokenized funds. South Korea's first-phase regulatory framework for this is expected to launch in February 2027.

Blockchain.com and New York Stock Exchange Sign MOU to Explore Global 24/7 Trading of Tokenized Securities

According to PR Newswire, Blockchain.com and NYSE Group have announced the signing of a Memorandum of Understanding (MOU) to provide global users with access to trade tokenized U.S.-listed stocks and ETFs via NYSE's previously announced digital ATS platform, pending regulatory approval. The collaboration encompasses bidirectional market data distribution: ICE Data Services, a subsidiary of NYSE, plans to distribute Blockchain.com's cryptocurrency market data and analytics to its subscriber clients; in turn, Blockchain.com will integrate ICE and NYSE exchange data sources to deliver real-time stock quotes to its over 44 million registered accounts. The Citi Institute forecasts that the base case for the tokenized assets market by the 2030s will reach $5.5 trillion. Tokenized stocks offer advantages such as fractional ownership, 24/7 trading, global investor access, and faster on-chain settlement.

VARA and Securitize Sign MoU to Advance Dubai Tokenization Innovation

According to Cointelegraph, Dubai’s Virtual Assets Regulatory Authority (VARA) and BlackRock-backed tokenization platform Securitize have officially signed a memorandum of understanding (MoU), establishing a cooperation framework to support the implementation of regulated tokenization projects, attract institutional participation, and strengthen Dubai’s digital asset ecosystem. Carlos Domingo, co-founder and CEO of Securitize, stated that Dubai has become one of the most forward-thinking jurisdictions globally for digital asset innovation, and their collaboration aims to advance tokenization from a "concept into mainstream financial infrastructure." VARA noted that the MoU currently focuses on establishing a cooperative framework, with no specific projects announced at this time.

Six Major VCs Including Sequoia and a16z Sign MOU with South Korea's National Pension Fund to Boost Investment in AI and Other Strategic Industries

According to Korean media Asiae, six top Silicon Valley VC firms, including Sequoia Capital, a16z, Khosla Ventures, Lightspeed Venture Partners, General Catalyst, and NEA, announced the signing of a strategic investment cooperation memorandum of understanding (MOU) with the South Korean National Pension Service (NPS), planning to jointly explore investment opportunities, share investment information, and strengthen their global venture capital layout. Additionally, with the South Korean government accelerating policies to attract overseas venture capital, coupled with the launch of the 200 trillion won "National Growth Fund," the market expects the Korean venture capital sector to see simultaneous inflows of policy funds, private capital, and overseas capital, with strategic industries such as AI and semiconductors expected to receive more investment. However, industry insiders warn that if a large amount of capital concentrates on a few popular enterprises, it may push up corporate valuations and create bubbles, potentially facing valuation correction pressure during future IPO and M&A exits, affecting fund return rates.

Standard Chartered Maintains Bitcoin $100,000 Target: Strategy's BTC Sales Not a Sign of Risk Deterioration

Standard Chartered stated that it maintains its Bitcoin price prediction of reaching $100,000 by the end of 2026, believing that the recent market decline triggered by Strategy's (formerly MicroStrategy) related activities is not due to a deterioration in the company's balance sheet, but rather a strategic adjustment that the market has not fully understood.Geoffrey Kendrick, Head of Digital Assets Research at Standard Chartered, noted in a report that Strategy's recent behavior is disrupting short-term market expectations for Bitcoin. The market had previously accepted the company's narrative of "never selling Bitcoin," but now Strategy appears to be shifting towards a more complex capital operation model. How clearly the company can communicate this change will determine when market pressure eases.Currently, Strategy holds 843,775 Bitcoins, representing approximately over 4% of the total 21 million Bitcoin supply. From 2020 to mid-2025, Strategy's mNAV (Market Value of Enterprise / Bitcoin Asset Value) was consistently above 1, allowing the company to raise funds through stock issuances to purchase Bitcoin and achieve shareholder value growth. The commitment to "never selling Bitcoin" was central to this model gaining market acceptance. However, with the current mNAV approaching 1, the leverage effect of this financing model is weakening.Kendrick believes Strategy is transitioning from a "Bitcoin accumulation tool" to a "Bitcoin credit support tool." This involves using its Bitcoin holdings as the credit basis for its perpetual preferred stock, STRC. Currently sized at approximately $10 billion, STRC is the largest financial instrument launched by Strategy, offering an annualized dividend rate of 12%, paid semi-monthly in cash, and is designed to maintain a price near its $100 par value through interest rate adjustment mechanisms.Standard Chartered indicated that STRC is currently trading around $90, while Strategy's dollar reserve for paying dividends stands at approximately $2.55 billion, covering an estimated 17.4 months of dividend expenses.Kendrick stated that Strategy's policy adjustment allowing for Bitcoin sales does not necessarily mean the company will continuously sell. He believes that as long as the market believes the new capital structure arrangement can stabilize the STRC price, Strategy may not actually need to sell Bitcoin. He compared this mechanism to a central bank's commitment to "do whatever it takes": mere restoration of market confidence may mean actual intervention never occurs. (The Block)

KB Securities, Securitize, and Optimism Sign Memorandum of Understanding on Exploring Tokenization in South Korea

According to The Defiant, KB Securities, securities tokenization platform Securitize, and Optimism have signed an exploratory memorandum of understanding to advance asset tokenization in South Korea. On social media platform X, Optimism stated that its first product will be tokenized bonds; however, a blog post published on the same day mentioned two tokenized funds. South Korea's first-phase regulatory framework for this is expected to launch in February 2027.

$U (United Stables) Hold-to-Earn Leaderboard event is now live, with a total prize pool of 150,000 $U to be shared.

According to official announcements, the DeFi Hold to Earn Leaderboard Tournament co-launched by $U and Binance Wallet has officially begun, with a total prize pool of 150,000 $U. Key Participation Steps: 1. Register to participate: Navigate to the event page and click “Sign Up”; 2. Swap assets: Use Binance Wallet to swap at least 100 $U on BNB Chain (BSC); 3. Hold assets: Maintain a continuous balance of at least 100 $U in your wallet; 4. Activate earnings: Activate your $U assets in the DeFi flexible yield module to participate in the prize pool distribution. Event Period: September 24, 2026, 08:00 – October 24, 2026, 07:59 (UTC+8) Participation Entry: Open the Binance App, go to the [Web3 Wallet] homepage, and click the event banner to join and secure your reward share.

VARA and Securitize Sign MoU to Advance Dubai Tokenization Innovation

According to Cointelegraph, Dubai’s Virtual Assets Regulatory Authority (VARA) and BlackRock-backed tokenization platform Securitize have officially signed a memorandum of understanding (MoU), establishing a cooperation framework to support the implementation of regulated tokenization projects, attract institutional participation, and strengthen Dubai’s digital asset ecosystem. Carlos Domingo, co-founder and CEO of Securitize, stated that Dubai has become one of the most forward-thinking jurisdictions globally for digital asset innovation, and their collaboration aims to advance tokenization from a "concept into mainstream financial infrastructure." VARA noted that the MoU currently focuses on establishing a cooperative framework, with no specific projects announced at this time.

MiniMax Clarifies H3 Model License Has No Geographic Restrictions, US Users Required to Sign Additional Documents

MiniMax officially denied rumors that "the H3 model cannot be legally used in certain regions." The company stated that H3 can be deployed in regions such as the US, EU, UK, and South Korea through a formal licensing process, where users must submit an H3 license request form for the team to process. For US users, due to local regulations and legal disputes with Disney, an additional authorization form must be completed and a waiver signed. The official statement emphasized that the licensing system itself has no regional restrictions, but specific deployments in different locations are subject to varying regulatory and legal requirements.

Jensen Huang's First X Post: Over 20 Institutions Including NVIDIA Sign Joint Letter Supporting Open-Weight AI Models

NVIDIA CEO Jensen Huang has published his first post on X, sharing an open letter titled "Open Weight and American AI Leadership," jointly signed by more than 20 technology companies and institutions, including NVIDIA.The open letter argues that open-weight models can expand economic access to AI, enhance market competition, and grant users more control. Signatories include Meta, Microsoft, Andreessen Horowitz, Hugging Face, IBM, Mistral AI, Palantir, Perplexity, Mozilla, Y Combinator, among others.The letter states that while open-weight models carry risks, they should not be restricted through bans. Instead, openness should be leveraged to advance AI safety and cybersecurity capabilities. Huang noted: "The world needs cutting-edge closed-source models, and it also needs cutting-edge open models."

Standard Chartered Maintains Bitcoin $100,000 Target: Strategy's BTC Sales Not a Sign of Risk Deterioration

Standard Chartered stated that it maintains its Bitcoin price prediction of reaching $100,000 by the end of 2026, believing that the recent market decline triggered by Strategy's (formerly MicroStrategy) related activities is not due to a deterioration in the company's balance sheet, but rather a strategic adjustment that the market has not fully understood.Geoffrey Kendrick, Head of Digital Assets Research at Standard Chartered, noted in a report that Strategy's recent behavior is disrupting short-term market expectations for Bitcoin. The market had previously accepted the company's narrative of "never selling Bitcoin," but now Strategy appears to be shifting towards a more complex capital operation model. How clearly the company can communicate this change will determine when market pressure eases.Currently, Strategy holds 843,775 Bitcoins, representing approximately over 4% of the total 21 million Bitcoin supply. From 2020 to mid-2025, Strategy's mNAV (Market Value of Enterprise / Bitcoin Asset Value) was consistently above 1, allowing the company to raise funds through stock issuances to purchase Bitcoin and achieve shareholder value growth. The commitment to "never selling Bitcoin" was central to this model gaining market acceptance. However, with the current mNAV approaching 1, the leverage effect of this financing model is weakening.Kendrick believes Strategy is transitioning from a "Bitcoin accumulation tool" to a "Bitcoin credit support tool." This involves using its Bitcoin holdings as the credit basis for its perpetual preferred stock, STRC. Currently sized at approximately $10 billion, STRC is the largest financial instrument launched by Strategy, offering an annualized dividend rate of 12%, paid semi-monthly in cash, and is designed to maintain a price near its $100 par value through interest rate adjustment mechanisms.Standard Chartered indicated that STRC is currently trading around $90, while Strategy's dollar reserve for paying dividends stands at approximately $2.55 billion, covering an estimated 17.4 months of dividend expenses.Kendrick stated that Strategy's policy adjustment allowing for Bitcoin sales does not necessarily mean the company will continuously sell. He believes that as long as the market believes the new capital structure arrangement can stabilize the STRC price, Strategy may not actually need to sell Bitcoin. He compared this mechanism to a central bank's commitment to "do whatever it takes": mere restoration of market confidence may mean actual intervention never occurs. (The Block)

Related news

Trump Comments on Iran Issue: Sign Agreement or Face Destruction

US President Trump has made it clear that he is making a final decision on the Iran issue, warning that if Iran fails to sign the agreement, it will face national devastation.

New York and Wyoming Regulators Sign Agreement to Coordinate Oversight of Crypto Firms

Odaily News: The New York State Department of Financial Services and the Wyoming Division of Banking have signed a memorandum of understanding to coordinate licensing reviews, examinations, and potential enforcement actions for crypto companies operating across state lines.Under the agreement, the two parties will share analytical findings, historical examination data, regulatory reports, and market trend data, coordinate examination schedules, and may conduct joint examinations of companies operating in both states.Companies that have held a license or charter in one state for at least 3 years without enforcement action may receive expedited review when applying for approval in the other state, with the second regulator aiming to make a decision within 6 months. The two parties may also take joint, coordinated, or separate enforcement actions. (Cointelegraph)

New York and Wyoming Regulators Sign Agreement to Coordinate Crypto Regulation

The New York State Department of Financial Services (NYDFS) and the Wyoming Department of Banking have signed a memorandum of understanding to coordinate the regulation of cryptocurrency companies through information sharing and accelerated review processes.

David Sacks: Leading U.S. Frontier AI Labs Sign White House SI Agreement, Will Introduce Internal Controls and External Audits

Odaily reports: David Sacks stated that heads of major U.S. chip, data center, and frontier model companies have held a meeting on the development of "superintelligence," and frontier AI lab leaders have signed the White House Superintelligence Agreement. The agreement is voluntary in nature and aims to strengthen AI safety governance through industry self-regulation.Sacks stated that signatories will assume responsibility for safe product development and implement new internal controls and independent external audit mechanisms. He believes that compared to waiting for international-level regulatory agreements, this model can establish AI safety constraints more quickly while maintaining U.S. development in related technology fields. The above assessment of policy effectiveness represents Sacks' personal views.

KB Securities, Securitize, and Optimism Sign Memorandum of Understanding on Exploring Tokenization in South Korea

According to The Defiant, KB Securities, securities tokenization platform Securitize, and Optimism have signed an exploratory memorandum of understanding to advance asset tokenization in South Korea. On social media platform X, Optimism stated that its first product will be tokenized bonds; however, a blog post published on the same day mentioned two tokenized funds. South Korea's first-phase regulatory framework for this is expected to launch in February 2027.

Blockchain.com and New York Stock Exchange Sign MOU to Explore Global 24/7 Trading of Tokenized Securities

According to PR Newswire, Blockchain.com and NYSE Group have announced the signing of a Memorandum of Understanding (MOU) to provide global users with access to trade tokenized U.S.-listed stocks and ETFs via NYSE's previously announced digital ATS platform, pending regulatory approval. The collaboration encompasses bidirectional market data distribution: ICE Data Services, a subsidiary of NYSE, plans to distribute Blockchain.com's cryptocurrency market data and analytics to its subscriber clients; in turn, Blockchain.com will integrate ICE and NYSE exchange data sources to deliver real-time stock quotes to its over 44 million registered accounts. The Citi Institute forecasts that the base case for the tokenized assets market by the 2030s will reach $5.5 trillion. Tokenized stocks offer advantages such as fractional ownership, 24/7 trading, global investor access, and faster on-chain settlement.