Sei Foundation officially expands to the US: Ambition to revive crypto in the heart of the financial world
On April 2, 2025, #SeiFoundation – the operator of the Layer-1 Sei blockchain – announced a strategic move: funding a completely new non-profit organization in the US called Sei Development Foundation. This is part of a plan to expand influence and promote the application of the Sei protocol in a country with one of the strongest financial systems in the world.
This new organization is headquartered in Manhattan, New York, which is seen as the center of banking and investment and is gradually becoming a destination for global blockchain projects.
Goal: Reviving the crypto industry in the US
In an official statement, Sei Foundation did not hesitate to criticize the state of the 'crypto industry in the US being forgotten and suppressed for many years', while affirming that the current time is an opportunity 'to promote cryptocurrency innovation for builders in the US.'
Unlike countries that are actively attracting developers, the US – despite being the cradle of technology – has been left behind due to an unfriendly legal environment. However, the recent shift in cryptocurrency policy under President #DonaldTrump has created a 'golden gap' for organizations like Sei Development Foundation to step in and unlock potential.
SEI – The 'hybrid' technology between Ethereum and Solana
It is known that $SEI is a Layer-1 blockchain designed to combine the flexible development standards of Ethereum with the high-speed performance of Solana. The project launched its mainnet in 2023 and has processed billions of transactions with over 18 million active wallets – an impressive number for a young blockchain.
Behind Sei are big names like Multicoin Capital, Jump Crypto, and Coinbase Ventures, showing that the confidence from venture capitalists still exists even though SEI is currently trading at only $0.17, down 85% from its all-time high (ATH).
Long-term goal: Shaping a decentralized future in the US
Gerald Gallagher, Advisor at Sei Labs and Chair of the Board at Sei Development Foundation, shared:
"We are very excited that Sei Development Foundation is becoming a central part of the wave of blockchain technology adoption in the US. This is a significant milestone in building a decentralized future."
In addition to directly supporting US blockchain builders and entrepreneurs, Sei Development Foundation is also leveraging new momentum from Washington's more 'open' policy to lay a long-term foundation for the application of digital assets on a nationwide scale.
Media strategy & long-term funding plan
To spark a new wave of interest, Sei Foundation recently launched the podcast “Crypto in America” – a weekly newsletter focusing on dialogues with influential policymakers in the US. This is part of a media strategy to 'root' deeper into the minds of the community and lawmakers.
Not only stopping at education and dialogue, Sei Foundation is also committed to funding Sei Development Foundation for at least 3 years, ensuring that this organization has enough resources to carry out long-term development plans.
Notably, on March 23, Sei Foundation announced that they are considering taking over the DeSci project 23andMe, a defunct decentralized science project. This could be a strategic move to penetrate the Web3 biological data field – a fertile yet under-explored area.
Statement from the head
Justin Barlow, CEO of Sei Development Foundation, emphasized:
"At Sei Development Foundation, we are deeply committed to harnessing transformative technologies while nurturing innovation for the next generation of visionary entrepreneurs."
He also emphasized that the organization will play a role as a pillar for restoring trust and hope for the crypto builder community in the US, which has been exhausted after years of being ignored or attacked by the legal system.
Will SEI make a comeback?
Despite many bold activities and strategies, SEI is still trading at quite low levels. But if Sei Foundation truly succeeds in turning the US into its 'stronghold', then the current price may be reflecting too much market pessimism.
In the context of many other crypto projects withdrawing from the US due to legal concerns, SEI's move into the US can be seen as brave – or premeditated.
Conclusion:
If Sei Development Foundation can effectively leverage policy changes, attracting capital and talent back to the US, then not only SEI, but the entire Layer-1 ecosystem could turn a new page in the global blockchain game.