Sei Labs, a DeFi-centric blockchain protocol, announced the launch of a USD 50 million fund dubbed the “Sei Ecosystem and Liquidity Fund” to support the development of Apps on its blockchain and provide liquidity to development teams going into mainnet launch.
The company stated that the fund had gotten investment commitments from Multicoin Capital, Delphi Digital, Hudson River Trading, GSR, Flow Traders, and MEXC among several others.
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