Canary Capital has filed Amendment No. 2 to its S-1 for a Staked SEI ETF.
The ETF will hold spot SEI. The new amendment substantially revises the staking mechanics, estimating ~90% staked, custodied solely in @BitGo.
$SEI
Not much price-history here. makes it difficult to chart. Can it make a 10000000000X? Of course it can.
Bullish divergence - we should see some strength from these levels. Green zone soon.
Still some work to do. If you believe in this project. Then just patience.
The Fed starts Treasury bill purchases today
Around $15.6B of reinvestment purchases are planned through October 14.
Liquidity is back on my radar.
Now I’m watching to see whether Bitcoin reacts.
Wall Street-style financial products are finding a home on Sei (@SeiNetwork).
Apollo, Securitize, and Ondo have brought tokenized credit and Treasury products to the network, using its fast settlement and Ethereum compatibility.
Here’s why institutions are turning to Sei. 👇
https://t.co/XTQqWkj3oA
Tokenization is moving further into finance.
Ondo has joined DTCC’s Fund/SERV through its subsidiary Oasis Pro Markets, becoming the network’s first tokenization company.
The network processes over 85% of U.S. mutual fund transaction activity, connecting tokenized funds to infrastructure already used by:
→ Fund companies
→ Wealth platforms
→ Service providers
Ondo’s @iandebode on why it matters ↓