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  2. Solutions
  3. Insights+
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  1. Launch

Sei Network

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Year established

2022

Location

San Francisco CA US

Primary Industry

Software

About

Based in California, US, and founded in 2022 by Jeff Feng, and Jayendra Jog, Sei Network operates as a layer 1 blockchain optimized for DeFi (destructured Finance) that enables new financial products. In August 2022, Sei Network raised USD 5 million in Seed funding led by Multicoin Capital, with participation from other new investors Coinbase Ventures, Delphi Digital, Flow Traders, etc. Sei offers a new design space including a built-in order matching engine, frontrunning protection, and the fastest finality that is specific to DeFi to help create new financial products such as live sports betting to complex options and futures. The company intends to use the August 2022 funding to support the network as it approaches the main net launch and further accelerates the growth of over 20 dApps already building in its ecosystem.
Current Investors
Flow Traders, Hudson River Trading, Multicoin Capital

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Primary Industry
Software
Sub Industries
Accounting/Finance Software
Website
www.seinetwork.io
Verticals
Blockchain, FinTech
Company Stage
Angel & Seed
Total Amount Raised
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