Recently, after the implementation of the Genius Act, the stablecoin sector has become the focus of market attention, with the first focus on #Circle, and among #Circle's partners, the first focus is on #SUI and #SEI. As a stronger contender for growth, #SEI has become our core focus. Therefore, we have conducted careful research and analysis on every move of #SEI, and we recently noticed a phenomenon: 'The institutionalization speed of SEI is accelerating', and the latest launch of the staking-type SEI ETP by #CoinShares can be said to be the 'tipping point' of this trend.

✅ What is ETP? The potential for staking is even greater!

Let's briefly discuss what an ETP (Exchange-Traded Product) is:

It is a crypto asset investment product that you can buy on the stock exchange, similar to a Bitcoin ETF, but more common in European or Asian markets.

This time, #CoinShares has launched a 'staking-type SEI ETP', meaning:

• Investors are buying compliant #SEI exposure;

• At the same time, #CoinShares is using this part of #SEI for on-chain staking;

• The generated staking rewards will be returned to the holders, not retained by the platform.

In other words: what you hold is a compliant #SEI exposure that 'generates interest'. This is more attractive than traditional ETPs, offering better cost-effectiveness for institutions seeking returns.

✅ Who is #CoinShares? Why is this ETP reliable?

#CoinShares is who? To put it simply:

One of the oldest crypto asset management companies in Europe, with AUM (Assets Under Management) exceeding $4 billion and compliant under the MiCA regulatory framework.

It already has multiple mainstream asset ETPs under its umbrella, including #BTC, #ETH, #SOL, #DOT, and now it’s #SEI's turn.

What does this indicate? It indicates that #CoinShares truly views SEI as the 'next-generation infrastructure asset' and is willing to build an entry point for institutional investors.

✅ Why #SEI? What makes it attractive to institutions?

Since #Circle went public, we have been paying attention to #SEI, and we have previously provided many detailed introductions:

• Born for trading, integrated order book functionality at the chain level, with excellent performance;

• Native support for parallel trading, excellent TPS and terminal latency performance;

• SEI V2 directly supports Ethereum smart contract compatibility.

In other words, it is fast, can run Ethereum-compatible applications, and focuses on financial scenarios, making it friendly to TradFi. Institutions must look for public chains that can support 'trading volume' and 'compliance', and #SEI happens to meet this characteristic.

✅ The compliant financial route of #SEI has taken shape

Don't forget, some time ago, Valour had already launched the first SEI ETP, and this time CoinShares is essentially passing the baton.

This forms a very clear signal: #SEI is being viewed by the traditional European financial market as a 'compliant and investable infrastructure asset'.

In other words, #SEI is no longer just a speculative coin in the Web3 circle, but has started to enter the whitelist for pension funds, family offices, and institutional ETF portfolios. Once this 'long money' comes in, the valuation system of #SEI will be different.

Overall, the launch of the staking-type SEI ETP by #CoinShares is an important milestone for #SEI's entry into mainstream financial asset pools and a significant step towards compliance. The positioning of #SEI is increasingly like that of a 'trading infrastructure layer', somewhat similar to the development path of Solana.

I will personally continue to monitor the spot trends of #SEI and changes in on-chain TVL, while also starting to prepare for considerations for mid to long-term allocation. Because when an asset management company is willing to 'package you for institutional buyers', its identity has already changed. 🧐