#SeiNetwork
2 articles tagged #SeiNetwork — curated RWA tokenization coverage.
Sei Network Activity Surges as Mastercard and Tokenized Stocks Expand
Sei Network is experiencing a significant surge in on-chain activity, highlighted by a 316.57% increase in daily decentralized exchange volume, which rose from $3.9 million to $16.24 million on August 19. This growth coincides with strategic efforts to position the blockchain as a primary infrastructure for institutional finance and real-world asset tokenization. The network is currently collaborating with Mastercard to develop foundations for institutional blockchain adoption, with further details expected to be revealed shortly. Additionally, Sei is expanding its financial utility by integrating Dinari, a platform that enables the trading of tokenized U.S. stocks via the dShares product. These developments are supported by the network's Giga upgrade, which aims to enhance throughput and finality to meet the demands of financial applications. While the recent volume spike demonstrates immediate market interest, the long-term success of Sei depends on its ability to sustain this momentum through its institutional partnerships. By bridging traditional equity markets with blockchain technology, Sei is actively competing to become a hub for tokenized real-world assets.
Crypto News: USDY Fund Launches on Sei Network as Ondo Finance Expands Tokenized Treasury Products
Ondo Finance has officially launched its flagship USDY fund on the Sei Network, representing the first tokenized U.S. Treasury product to debut on this layer-1 blockchain. This expansion integrates USDY, which offers approximately 4.25% APY backed by short-term Treasurys and bank deposits, into the Sei ecosystem. The move highlights a deepening relationship between Ondo and World Liberty Financial, which maintains a significant holding of ONDO tokens. As one of the largest RWA projects with $1.4 billion in total value locked, Ondo is aggressively scaling its infrastructure through recent acquisitions, including blockchain developer Strangelove and broker-dealer Oasis Pro. Sei Network, known for its 400-millisecond block finality and parallel execution, continues to attract institutional interest, evidenced by strategic investments from Circle. Following the announcement, ONDO experienced a price surge of over 10%, trading at $1.04, while SEI traded at $0.36. This development underscores the growing trend of major RWA protocols diversifying across high-performance blockchains to increase accessibility and liquidity for tokenized yield-bearing assets.