SEI Ecosystem Hits Milestone as First SEI ETF Filed in the U.S.

By: blockbeats|2025/05/01 04:50:20

On April 30, 2025, the Sei ecosystem witnessed a historic moment: Canary Capital has submitted an S-1 filing to the U.S. Securities and Exchange Commission (SEC) to launch the first-ever SEI ETF in the United States. If approved, this ETF will provide institutional and individual investors with a regulated, standardized, and convenient investment channel, allowing them to directly participate in the Sei Network's native token SEI staking rewards.

According to the application document, this ETF will generate additional income for investors through staking a portion of the tokens, providing passive income. This design continues Canary Capital's innovative approach in crypto products, bringing on-chain core use cases into the traditional financial sector.

Justin Barlow, Executive Director of the Sei Development Foundation, stated: "ETFs have always been a crucial bridge to mainstream adoption of crypto assets. This application is expected to attract more investors seeking institutional-grade performance and mainstream usability."

This application highlights institutional recognition of the Sei Network as a high-performance EVM-compatible blockchain. With its native architecture centered around scalability and transaction parallelism, Sei has a unique advantage in supporting the next generation of digital asset markets, decentralized finance (DeFi), decentralized science (DeSci), artificial intelligence, gaming, and other fields.

As a high-performance Layer 1 blockchain, Sei retains the tooling flexibility of the Ethereum Virtual Machine (EVM) while achieving a 50x throughput increase through groundbreaking parallel execution technology, without compromising compatibility or developer experience. Its Giga Upgrade further reaches a processing capacity of 50 billion gas per second, laying the foundation for emerging applications requiring sub-second transaction confirmations.

This unique architecture makes Sei an ideal underlying infrastructure for high-frequency trading, data-intensive, and compliance-sensitive applications. With the continued growth in demand for speed, scalability, and ease of use from institutions, enterprises, developers, and traders, Sei's modular infrastructure is attracting a new generation of builders and institutional participants.

About Sei

Sei is a Layer 1 blockchain that combines the strengths of Ethereum and Solana: it adheres to Ethereum's mainstream development standards while delivering Solana-level performance. Since its mainnet launch in 2023, Sei has processed billions of transactions from over 18 million wallets. The V3 Giga upgrade currently undergoing network testing will enhance Sei's performance to be 50 times that of existing EVM chains, providing a revolutionary scaling solution for the Ethereum ecosystem. The team has received support from top-tier institutions such as Multicoin, Jump, and Coinbase Ventures.

Learn more: https://www.seifdn.org

This article is a submission and does not represent the views of BlockBeats.

-- Price

The Ethereum Foundation has released this non-technical introductory report aimed at government officials, central banks, regulators, and corporate decision-makers, explaining how Ethereum works, how it is governed, how it differs from other blockchains, and how institutions and governments are alre...

A pre-announced harvesting case: After the cryptocurrency price dropped by 99%, the public chain Saga exited to transform into AI

True failure often isn't a single price drop, but rather a pricing mechanism that repeatedly rewards those who tell stories while repeatedly punishing those who believe in the stories.

When American giants collectively "defect" from Chinese AI models

Coinbase CEO publicly stated: the company has fully switched its AI to a Chinese model, cutting expenses in half while usage has doubled. Snowflake and Lindy are also doing the same thing—an unnoticed "AI model migration wave" is happening.

BIS Report Compliance Observation: The Real Risks of Stablecoins, Not Just "Depegging"

The issue with stablecoins is not just whether their price will decouple, but whether they can be integrated into a recognizable, monitorable, accountable, and regulated financial system.

Portugal 2-1 Croatia: Ronaldo's 20-Year Knockout-Stage Drought Ends With a Debt Finally Collected

Portugal beat Croatia 2-1 in the 2026 global football championship's knockout rounds as Ronaldo scored his first-ever knockout-stage goal, Gonçalo Ramos struck a stoppage-time winner, and VAR ruled out a late equalizer for offside.

Bitcoin Price Prediction July 2026: Will BTC Recover to $70K or Drop Below $55K?

Bitcoin price prediction for July 2026: Can BTC recover to $70,000 or fall below $55,000? Explore ETF flows, key support levels, Fed outlook, and our Bitcoin forecast.

A South Korean company that learned the strategy of hoarding coins, from a bull market to delisting?

When the overall momentum of the Korean stock market is strong, this batch of cryptocurrency concept stocks, branded as the "Korean version of Strategy," finds itself at a crossroads of life and death.

WEEX API Broker Program: Turn Your Trading Platform Into a Revenue Engine

Become a WEEX API Broker and earn up to 70% trading fee sharing. Get institutional-grade liquidity, OAuth Fast Connect, and a 4-5 day integration for your AI trading platform, bot, or signal community.

How to choose between buying discounted ETH, Bitmine, and SharpLink?

The answer may not lie in whose story is told better, but in specific dimensions such as cost of holding, financing ability, liquidity, and whether the narrative can be realized.

Wosh: Inflation has cooled in recent weeks, AI is reshaping the economy, and forward guidance has lost its necessity

Federal Reserve Chairman Waller clearly stated at the ECB forum that the Fed will abandon forward guidance on interest rates, with future decisions relying entirely on real-time economic data. He noted that inflation risks in the U.S. have decreased over the past four weeks, but the ultimate impact ...

Blaming the desolation of the cryptocurrency world on the rise of AI is a form of intellectual laziness

The emergence of giants signifies a mature business model. Although it will reduce speculative space, there is also enough room for error, allowing for the continuous emergence of new forces.

The impact of OUSD on Circle, Tether, and Paxos: not a single negative factor, but a more complex reshaping of competition

OUSD will not be the last new competitor; Circle needs to respond more actively in terms of products, distribution, and ecosystem collaboration.