Sei Network Adds Tokenized Funds From Six Major Asset Managers
- —Products span US government debt, private credit and alternative strategies
- —Funds are distributed via infrastructure such as KAIO, not issued by Sei itself
- —SEI traded near $0.060 on October 19, down about 14% from $0.0705 on October 11
- —BlackRock's BUIDL and Ondo's USDY are backed by short-term Treasuries and deposits
Why it matters: Brand count is not capital: the real test for Sei is fund balances and onchain transactions, not partnership announcements.
Source: TronWeekly