Sei has raised $30M in a new private round at $800M valuation
Sei, a layer-1 blockchain focused on trading, has raised $30M at a valuation of $800M. Investors in the new round include Jump Capital, Distributed Global, Multicoin Capital, Asymmetric Capital Partners, Flow Traders, Hypersphere Ventures and Bixin Ventures. Sei is still in public testnet phase and plans on launching its mainnet later this year. Previously, Sei has raised $5M in a seed funding round and launched a $50M ecosystem and liquidity fund to support DeFi applications on its platform.
techcrunch.com/2023/04/11/trading-focused-blockchain-sei-raises-30m-bringing-valuation-up-to-800m
