The post Pi Network News: Binance-Backed Sign Protocol Partnership Announced appeared first on Coinpedia Fintech News
A few days ago, Sign Protocol, an Ethereum-based digital verification platform, announced a collaboration with Pi Network during a community meetup in Seoul on Monday. The partnership aims to reshape digital identity and value exchange..
Pi Network and Sign Protocol Alliance
After the announcement, users asked why Pi would partner with Sign. Crypto expert Dr. Altcoin explained that YZi Labs, Binance’s new investment arm, recently invested in Sign. This signals trust in Sign’s infrastructure and long-term potential.
He said, “YZi Labs, the rebranded venture capital arm of Binance (formerly Binance Labs), recently made a $16 million investment in Sign.”
“Since Sign’s infrastructure is trusted by YZi Labs, its meeting with Pi Network could signal future opportunities for broader exchange integrations — and potentially set the stage for a Binance listing once the Pi ecosystem matures and achieves greater transparency,” he added.
How Sign Protocol Enhances Pi Network
Sign Protocol provides blockchain-verified credentials that let users control their digital footprint. By combining Sign and Pi, both platforms can create a secure, transparent digital ID system that cannot be altered or hacked. This system can be used globally and allows different Web3 platforms to work together while maintaining user privacy.
The collaboration also increases visibility for both projects and strengthens their credibility in the blockchain ecosystem.
What’s Next? Pi Network Upgrade
Pi Network announced a system upgrade scheduled for September 25, from 8–10 AM PDT. During this maintenance window, sign-ins and sign-ups will be temporarily disabled.
The upgrade aims to improve system stability and security, ensuring a better user experience. Pi Coin, currently trading at $0.2704 with a market cap of $2.24 billion, could see potential benefits from both the system update and the Sign Protocol collaboration.