Thread by @Ali_Vma12

1/ Sei Labs secures $30M in strategic funding rounds from prominent investors including Jump, Distributed Global, Multicoin, Asymmetric, Flow Traders, Hypersphere, and Bixin Ventures, to build the Layer 1 for trading. #Sei #Seilors
Let's see what @SeiNetwork is planning.👇

2/ With its open-source Sei blockchain, Sei Labs aims to revolutionize decentralized exchanges and trading apps by offering unparalleled user experience, performance, and scalability.

3/ The $30M raised will fuel Sei Labs' growth and expansion in the Asia-Pacific region, solidifying its position as the fastest Layer 1 blockchain for trading.

4/ According to Co-Founder Jayendra Jog, Sei Labs' mission is to build top-tier infrastructure for trading, unlocking the potential of the Web3 ecosystem and enabling developers to create highly performant apps.

5/ Sei's development phase has seen incredible progress, with over 120 teams already deploying on Sei ahead of mainnet. The support from developers indicates a bright future for the project.

6/ Since its public testnet launch on March 13th, Sei has attracted over 3.6 million unique users and processed more than 35 million transactions in under a month. Impressive numbers indeed!

7/ With the successful funding round, Sei Labs has not only secured financial support but also strategic partners that will help drive their vision forward. Exciting times lie ahead for Sei and the trading ecosystem.