Hassan Maishera
On Friday, the Sei team announced via a blog post that TMO Labs, a Web3 fintech company, has integrated with Sei Network, a high-performance Layer-1 blockchain, aimed at bringing blockchain technology into Korea’s everyday payments and financial infrastructure.
As part of the integration, TMO Labs will use Sei as the core blockchain behind TMO Wallet, with a focus on expanding real-world use cases across consumer payments, rewards, and digital finance in Korea.
TMO Labs is a Korean payment infrastructure company with deep experience in transit payments, mobile payments, loyalty systems, and consumer financial services. Built on this foundation, TMO Labs develops platforms that connect digital assets with real-world utility.
Sei will serve as the blockchain layer powering TMO Wallet’s next phase of real-world financial utility. Users will be able to hold Sei-based digital assets, including stablecoins, within the wallet and link those assets to TMO Labs’ point and payment infrastructure for use in everyday transactions.
Sei is a blockchain designed for fast, cheap financial transactions, combining the network effects of Ethereum with the performance of Solana. Sei has processed more than five billion transactions across more than 90 million wallets and has become the #1 EVM chain by number of active users. The team is backed by top investors such as Multicoin, Jump, Coinbase Ventures, and Circle Ventures – and includes talent from companies like Robinhood, Google, Coinbase, Databricks, Uber, and Goldman Sachs.
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.
Sei's security is anchored in a multifaceted approach that integrates advanced technology, stringent security protocols, and a commitment to transparent governance. At its core, Sei leverages a sector-specific Layer 1 blockchain architecture, designed specifically for trading, which inherently enhances its security profile by catering to the unique demands of decentralized exchanges (DEXes). This specialization allows Sei to offer unparalleled transaction speeds and reliability, crucial for DEX operations where even brief downtimes can have significant repercussions.
Its native coin, SEI is up 2.8% in the last 24 hours and is now trading at $0.05970 per coin.
