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⚡️Congratulations! $SEI has taken another step towards institutional standardization —
CoinShares has launched a staking ETP for SEI (code CSEI) on the SIX in Switzerland, with 0 management fee, 2% staking yield, compliant with MiCA, and officially endorsed by CoinDesk.
I was a bit surprised when I saw this news:
A blockchain that is so young has managed to have ETPs launched by two European asset management companies (Valour and CoinShares), and they even come with staking rewards, which indicates one thing:
It is no longer just infra; it will become an option for funds, regarded by traditional finance as infrastructure that can be bet on.
I feel that the @SeiNetwork project is quite amazing. The on-chain discussions are not strong, but there are continuous major actions off-chain. It doesn't follow the mainstream narrative of web3 traffic strategies, but instead focuses wholeheartedly on financial logic and traditional capital paths to achieve compliance.
First, find the group of wealthy people, then infiltrate their system and directly penetrate.
Maybe one day there will be a SEI Microstrategy, that sounds interesting!