Hassan Maishera
On Tuesday, the Sei team announced via a blog post that the Kingdom of Bhutan will become a Sei Network validator. This is possible thanks to the partnership between Sei Development Foundation and Druk Holding and Investments Ltd (DHI), the primary sovereign wealth fund of the Kingdom of Bhutan.
The collaboration will significantly increase national capacity for blockchain infrastructure in the Kingdom while unlocking new pathways for data valuation, scientific advancement, and financial technology. It has also created opportunities to explore the tokenization of assets and the deployment of novel economic incentives within the Kingdom.
Sei is a high-speed Layer 1 blockchain tailored for the digital asset boom, from NFTs to DeFi. The blockchain intends to unlock a brand-new design space for consumer-facing applications. Its native coin, SEI is down 1.85% in the last 24 hours and is now trading at $0.1074 per coin.
