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      Sei Labs's Logo

      Sei Labs - Strategic

      Overview Investors Founders Company Profile / Project Introduction

      Overview

      Funding Date

      November 15, 2023

      Financing amount

      --

      Valuation

      --

      Catagory

      DeFi

      Subcategory

      Layer 1

      About Sei Labs - Strategic

      Circle Ventures has invested in Sei, the fastest Layer 1 blockchain to unlock novel use cases for Circle's USDC in the ecosystem. This strategic investment comes with go-to-market advice around Circle's stablecoin infrastructure.

      Investors

      InvestorsTypeLocationYear Founded#Portfolio CompaniesEmail AddressSocials
      Corporate United States of America 2013 84 info@circle.com

      Founders & Team

      Jeff Feng's Logo

      Jeff Feng

      Jayendra Jog's Logo

      Jayendra Jog

      Company Profile / Project Introduction

      Sei is the fastest layer 1 blockchain uniquely optimized for DeFi. Most layer 1s fall into two extremes - with general purpose chains on one end (Solana, Ethereum, Aptos, Avalanche) and app-specific chains on the other (dYdX, Osmosis). Sei explores the middle of the extremes - not quite general purpose nor app-specific but DeFi-specific which enables the layer 1 to explore a brand new design space.
      Sei Labs is comprised of three types of backgrounds: 

      • Developers from Robinhood, Databricks, Airbnb, etc. with extensive expertise in orderbook design, infrastructure and the Cosmos stack
      • Cosmos OGs who have navigated the ecosystem for years
      • Finance and strategy members from Goldman Sachs and other market makers who bridge the gaps between DeFi and institutions
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      *Fundraising Announcement: Click here