EthSign raises US $1.35 million in investment from Animoca Brands
It is reported that the decentralized electronic signature platform EthSign has announced that it has obtained the investment of Animoca Brands, and the specif…
It is reported that the decentralized electronic signature platform EthSign has announced that it has obtained the investment of Animoca Brands, and the specific investment amount has not been disclosed yet. However, the company disclosed that the total amount of financing so far has reached US $14 million, while its previous two rounds of financing raised a total of US $12.65 million, so the estimated amount of this round of financing is about US $1.35 million.
The decentralized electronic signature platform EthSign was invested by Animoca Brands
Interpretation of the news:
EthSign, a decentralized electronic signature platform, has secured an investment from Animoca Brands. While the specific amount of investment has not been revealed, the total amount of financing raised by EthSign so far is estimated to be US $14 million, of which its previous two rounds raised US $12.65 million. Therefore, analysts predict that this round will raise US $1.35 million.
EthSign provides a secure and decentralized electronic signature platform that is designed to eliminate fraud and the need for trusted third parties. The platform leverages blockchain technology, which ensures a tamper-proof record of all transactions. It also provides smart contract support and enables the creation of custom workflows. This makes EthSign an attractive solution for businesses that require secure and efficient digital signature capabilities.
Animoca Brands is a leader in blockchain-based gaming, with a portfolio of popular mobile games, such as Crazy Defense Heroes, The Sandbox, and F1 Delta Time. The company has been making strategic investments in blockchain-based startups, and it sees significant potential in EthSign’s technology.
This investment is a notable milestone for EthSign, as it will allow the company to expand its reach and accelerate its growth. EthSign has partnered with several prominent companies, including Microsoft, and has received recognition for its technology, winning the Red Herring Top 100 Asia Award in 2019.
The investment from Animoca Brands will also enable EthSign to continue to innovate and enhance its platform. With the increasing demand for digital signatures and the growing adoption of blockchain technology, EthSign is well-positioned to capitalize on these trends and establish itself as a leader in the space.
In conclusion, EthSign’s latest investment from Animoca Brands is a significant development for the company. With its secure and decentralized electronic signature platform, EthSign is poised to disrupt the digital signature market and become a dominant player in the industry.
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