EthSign Secures Investment from Animoca Brands

02/20/2023 14:10 • Tech Trends • 102 views

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

Analysis based on this information:

EthSign, a decentralized electronic signature platform, announced that it has secured investment from Animoca Brands. Although the specific investment amount has not been disclosed, the company revealed that the total amount of financing reached US $14 million. EthSign’s previous two rounds of financing had raised a total of US $12.65 million, indicating the estimated amount for this round is approximately US $1.35 million.

This investment highlights the growing interest in digital signature platforms, especially among blockchain-based solutions. EthSign’s technology allows users to sign electronic documents securely and provides verification through blockchain technology, ensuring the authenticity of signatures. With the increasing demand for remote and contactless operations due to the pandemic, digital signatures are becoming more and more crucial in various industries.

Moreover, the investment from Animoca Brands, a leading global digital entertainment company, indicates the potential for EthSign’s technology to be integrated into various digital platforms. Animoca Brands has previously invested in several blockchain-based companies, including Dapper Labs and Lucid Sight, highlighting its focus on blockchain technology and its potential applications.

The announcement of this investment comes at a time when the adoption of blockchain technology is rapidly expanding, and the demand for secure solutions for digital operations is increasing. EthSign’s decentralized approach to electronic signatures aligns with the principles of blockchain technology, providing a platform with high levels of security and transparency.

Overall, the investment from Animoca Brands witnessed EthSign’s potential to revolutionize the way digital signatures work, providing secure and efficient solutions to various industries. By leveraging blockchain technology, EthSign has positioned itself to lead the way for secure and transparent electronic signatures, highlighting the potential for blockchain solutions to revolutionize traditional industries.

In conclusion, the investment in EthSign from Animoca Brands highlights the potential of the decentralized electronic signature platform, providing secure and efficient solutions for digital signatures. The investment also highlights the interest in blockchain technology and its potential to innovate existing industries, providing solutions that are secure, transparent, and efficient.

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EthSign Secures Investment from Animoca Brands

The decentralized electronic signature platform EthSign was invested by Animoca Brands

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