Sei Foundation
The Sei Foundation governs the Sei Network, a high-performance EVM-compatible Layer 1 blockchain combining Ethereum's developer standard with Solana-level throughput. It serves developers, institutions, and end users across onchain trading, stablecoin payments, tokenized assets, and AI agent economies.
- Company typePrivate
- Founded2023
- HeadquartersSan Francisco, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Sei Foundation does
Sei Foundation is an independent organization dedicated to the governance and advancement of the Sei Network, a Layer 1 blockchain whose mainnet launched in August 2023. The Foundation is backed by Multicoin, Jump, Coinbase Ventures, and Circle Ventures, and its operating portfolio includes Sei Labs (core protocol development), the Sei Development Foundation (a U.S. 501(c)(4) nonprofit headquartered in Manhattan since April 2025), and Sapien Capital (a decentralized science investment arm). It serves a broad ecosystem spanning EVM developers, institutional financial participants, and end users, with strategic relationships including VanEck, Apollo, Brevan Howard, Mastercard, Circle, Ondo, Coinbase, Binance, Robinhood, PayPal, Chainlink, Securitize, Hamilton Lane, and Toku.
The Foundation's core offering is the Sei Network, an EVM-compatible Layer 1 blockchain designed for trading and financial transactions. Its technical stack centers on the Autobahn multi-proposer consensus mechanism (claimed to deliver 50x throughput improvement over Tendermint while maintaining Byzantine Fault Tolerance), parallelized EVM execution, instant finality with sub-400ms settlement, and the upcoming Sei Giga upgrade targeting 200,000 transactions per second. The protocol is transitioning from a hybrid Cosmos/EVM architecture to an EVM-only model via the SIP-03 upgrade, with native USDC support through Circle's CCTP v2 and precompiled contracts at fixed addresses that expose staking, governance, distribution, oracle, and JSON functions to EVM applications. As of early 2026, the network reports 5B+ cumulative transactions, 90M+ wallets, 1M+ daily active users, ~100,000 unique USDC holders, and the #1 EVM chain ranking by active users.
The Foundation does not directly monetize protocol usage; revenue flows through on-chain transaction fees paid in SEI token by network users, while the Foundation itself funds operations via prior token allocations and venture capital. Those funds are deployed as grants, builder support, and ecosystem investments such as the $65 million Open Science Fund I managed by Sapien Capital. Go-to-market is hybrid: product-led growth targeting EVM developers via documentation, grants, and developer tooling; enterprise field sales through institutional partnerships and tokenized fund issuance (KAIO, Hamilton Lane, Laser Digital); and community-led initiatives including the Crypto in America podcast and the Sei Development Foundation's regulatory engagement with U.S. policymakers.
Sei Foundation firmographics
Firmographics- Name
- Sei Foundation
- Legal name
- Sei Foundation
- Website
- https://sei.io
- Company type
- Private
- Founded year
- 2023
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- The Sei Foundation governs the Sei Network, a high-performance EVM-compatible Layer 1 blockchain combining Ethereum's developer standard with Solana-level throughput. It serves developers, institutions, and end users across onchain trading, stablecoin payments, tokenized assets, and AI agent economies.
- Ownership category
- akta.pro rank
Sei Foundation industry classification
Industry- Product category
- Layer 1 Blockchain Infrastructure
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Computer Systems Design and Related Services (54151)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Finance Services (6199)
- akta.pro primary industry
- MEV & Transaction Supply Chain Tooling (bundlers, private mempools, builders) (FSAPABAL)
- akta.pro secondary industries
- Interchain Routing & Intent Networks (solvers, relayers, pathfinding) (FSAPAKAD), Cross-Border Payment Routing, Orchestration & Connectivity (FSAMAIAK)
Keywords
Where Sei Foundation is headquartered
LocationHeadquarters
- HQ city
- San Francisco
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Sei Foundation business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Others
Revenue model
- Network Transaction Fees: Sei Network generates revenue through transaction fees (gas) paid in SEI token by users transacting on the network. As a Layer 1 blockchain, fees are incurred for every execution, transfer, and smart contract interaction on-chain.
- Foundation Funding & Ecosystem Grants: Sei Foundation funds the Sei Development Foundation (501(c)(4)) and ecosystem growth through grants, builder funding, and investment initiatives such as the $65M Open Science Fund I via Sapien Capital (Sei Foundation's DeSci arm). Revenue model is indirect — the foundation does not earn fees on protocol usage but funds operations through prior token allocations and investor capital.
Go-to-market motion3 records
Distribution channels6 records
Marketing channels9 records
Sei Foundation product offering
Product offeringCore offering
Sei Foundation operates and governs the Sei Network, a high-performance Layer 1 blockchain that combines EVM compatibility with Solana-level throughput. The protocol delivers 200K TPS target throughput via the Sei Giga upgrade, sub-400ms settlement finality, and the Autobahn multi-proposer consensus mechanism. The foundation supports an ecosystem serving trading applications, stablecoin payments, DeFi, tokenized real-world assets, and AI agent economies.
Product overview
Sei Foundation operates a portfolio of blockchain infrastructure products centered on the Sei Network, a Layer 1 blockchain designed specifically for trading and financial transactions. The core offering is Sei Network itself, which combines EVM compatibility with high-performance characteristics (200K TPS, sub-400ms finality). The ecosystem includes supporting entities: the Sei Development Foundation (US-based nonprofit for ecosystem growth), Sei Labs (core development team), and Sapien Capital (DeSci investment arm with $65M fund). Key protocol features include the Staking Precompile for EVM-based staking interactions, Monaco Protocol for trading applications, and the upcoming Sei Giga upgrade with multi-proposer consensus architecture. The foundation has expanded into institutional finance through partnerships with KAIO for tokenized funds (Hamilton Lane, Laser Digital) and stablecoin payroll via Toku's integration with Workday and ADP.
Differentiator
Problem solved
Functional benefit
Brands
- Sei Development Foundation: Independent U.S. nonprofit (501(c)4) dedicated to the advancement and adoption of Sei, providing education, funding, and ecosystem support.
- Sapien Capital
Products and services
- Sei Network High-performance Layer 1 blockchain optimized for trading applications, combining EVM development standards with Solana-level performance. Features instant finality, parallelized EVM execution via the Autobahn multi-proposer consensus, and the Sei Giga upgrade targeting 200K TPS with sub-400ms finality. Designed for developers building onchain trading, stablecoin payments, DeFi, tokenized real-world assets, and AI agent economies.
Quantifiable outcome
- 5B+ transactions processed, 90M+ wallets, 1M+ daily active users as of February 2026
- +3 more outcomes
Companies that use Sei Foundation
Customer profileNamed customers2 records
Segments7 records
Ideal customer profiles4 records
Sei Foundation technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration14 records
Feature6 records
Sei Foundation partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core.
- AIxCrypto HoldingscoreAIxCrypto Holdings established a strategic partnership with Sei Foundation as part of its transformation from a biopharma company to an AI and blockchain infrastructure firm. The partnership supports AIxCrypto's Real World Asset tokenization, AI Agents, and Embodied AI blockchain ecosystem businesses. The AIxC Hub platform integrated Sei and by March 2026 had grown to over 5.8M registered wallets and 1.39M daily active participants.
- TokucoreToku integrated Sei Network natively into its API-based payroll management system, enabling instant payment and settlement of employee payroll and corporate remittances using USDC stablecoins. Sei Development Foundation is among the leading employers using Toku's system for payroll, vendor remittances, and token distribution. The integration positions Sei as the settlement network for global stablecoin payroll.
- KAIOcoreKAIO expanded its tokenized fund offerings by integrating the Hamilton Lane SCOPE Fund (tokenized private credit fund) on Sei Network in October 2025, enabling institutional and accredited investors to access private credit strategies onchain. KAIO subsequently launched the Laser Carry Fund on Sei in October 2025. This marks institutional blockchain adoption for real-world asset tokenization on Sei.
- Sapien Capital / Open Science Fund IcoreSapien Capital is the decentralized science investment arm of the Sei Foundation, managing a $65 million Open Science Fund I targeting longevity, biotech, and frontier research through DeSci models. Dr. Michael Baran (Partner, Pfizer Ventures) joined as strategic advisor to help convert DeSci prototypes into operationally robust ventures.
Scale indicators8 records
Recent moves7 records
Expansion highlights7 records
Sei Foundation competitors and assessment
Company assessmentEmerging players
- Hyperliquid: Hyperliquid is a high-performance Layer 1 blockchain purpose-built for onchain trading and perpetual futures — directly overlapping Sei's primary vertical. Both chains target professional and retail traders demanding low-latency order book execution onchain.
- Injective: Injective is a Layer 1 blockchain optimized for decentralized finance and trading applications, including order books and derivatives. Like Sei, it targets institutional-grade financial infrastructure and competes for the same trading-focused dApp ecosystem.
- Monad: Monad is an emerging high-performance EVM Layer 1 blockchain delivering parallel execution and significantly higher throughput than Ethereum mainnet. It competes head-to-head with Sei for EVM developers seeking Solana-level performance with full EVM compatibility.
- Berachain: Berachain is an EVM-identical Layer 1 blockchain launching with novel liquidity-proof-of-stake consensus. It targets high-performance DeFi and institutional use cases with full EVM compatibility, directly competing with Sei for new-generation EVM developer mindshare.
Broad incumbents
- Avalanche: Avalanche is an established EVM-compatible Layer 1 blockchain offering high throughput via its subnets architecture. It competes with Sei for institutional RWA tokenization (notably via Ava Labs and institutional partners), DeFi liquidity, and EVM developer mindshare.
- Ethereum: Ethereum is the dominant EVM smart contract platform and the foundation of the developer ecosystem Sei targets. Sei positions itself as a faster, cheaper EVM-compatible alternative while inheriting Ethereum's developer tooling (Solidity, Hardhat, ethers.js) and competing for the same institutional RWA, DeFi, and stablecoin use cases.
- Polygon: Polygon is an established EVM-compatible scaling ecosystem (Polygon PoS, Polygon zkEVM, AggLayer) targeting low-fee transactions and institutional RWA tokenization. It competes with Sei for institutional partnerships, stablecoin payment infrastructure, and EVM developer activity.
Direct peers
- Solana: Solana is the incumbent high-performance Layer 1 blockchain that Sei explicitly benchmarks itself against (Solana-level performance with Ethereum-level developer experience). Both chains target trading, payments, and high-throughput onchain applications, making them direct competitors for developer mindshare and institutional liquidity.
- Sui: Sui is a Layer 1 blockchain with parallel execution and high throughput, originated from Mysten Labs and positioned for trading, payments, and institutional use cases. Like Sei, Sui targets high-throughput consumer and financial applications, making them direct competitors in the new-generation L1 landscape.
- Aptos: Aptos is a Layer 1 blockchain featuring parallel transaction execution and high throughput, similar in architecture and use-case targeting to Sei. Both chains compete in the high-performance L1 category targeting trading, payments, and EVM-equivalent developer experiences.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks7 records
Key highlights7 records
Customer concentration
Sei Foundation social profiles
Digital presenceSei Foundation financial estimates
Financial estimateRevenue estimate
Valuation estimate
Sei Foundation leadership team
Management profileNumber of profiles
Profiles2 records
Sei Foundation subsidiaries and ownership
Company hierarchySubsidiaries2 records
Sei Foundation funding detail
Funding detailFunding overview
Funding rounds1 record
Investors3 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Sei Foundation M&A and investment
M&A and investmentM&A
Investments8 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Sei Foundation
What does Sei Foundation do?
Sei Foundation operates and governs the Sei Network, a high-performance Layer 1 blockchain that combines EVM compatibility with Solana-level throughput. The protocol delivers 200K TPS target throughput via the Sei Giga upgrade, sub-400ms settlement finality, and the Autobahn multi-proposer consensus mechanism. The foundation supports an ecosystem serving trading applications, stablecoin payments, DeFi, tokenized real-world assets, and AI agent economies.
Is Sei Foundation a public or private company?
Sei Foundation is a private company. It is classified as venture growth investor backed and is currently operating.
When was Sei Foundation founded?
Sei Foundation was founded in 2023. It employs 11 to 50 people.
Where is Sei Foundation based?
Sei Foundation is headquartered in San Francisco, United States, in the North America region.
How does Sei Foundation make money?
Two revenue lines are on record. Network Transaction Fees are the primary driver. The others are foundation Funding & Ecosystem Grants.
Who are Sei Foundation's main competitors?
Emerging players on record are Hyperliquid, Injective, Monad and Berachain. Broad incumbents are Avalanche, Ethereum and Polygon. Direct peers are Solana, Sui and Aptos.
Does Sei Foundation have an API?
Yes. Sei provides a comprehensive EVM-compatible JSON-RPC API that fully supports standard Ethereum JSON-RPC endpoints. The API enables developers to interact with the Sei blockchain using standard EVM tooling (ethers.js, viem, Hardhat, Foundry). Key features include instant finality (safe/finalized/latest block tags all resolve to the same block), cross-VM operations, and Sei-specific extensions for synthetic transactions. Mainnet (Pacific-1) uses chain ID 1329 (0x531) with endpoint https://evm-rpc.sei-apis.com; testnet (Atlantic-2) uses chain ID 1328 (0x530) with endpoint https://evm-rpc-testnet.sei-apis.com. WebSocket endpoints are also available for real-time subscriptions. Sei's staking precompile at address 0x0000000000000000000000000000000000001005 exposes native staking functionality (delegate, undelegate, redelegate, createValidator, editValidator, and query functions) to EVM smart contracts. Additional precompiles include Distribution, Governance, JSON, Oracle, and P256 precompile. Developer documentation is at docs.sei.io/evm/reference.
What industry is Sei Foundation in?
Sei Foundation's product category is Layer 1 Blockchain Infrastructure. Its primary akta.pro industry code is FSAPABAL, MEV & Transaction Supply Chain Tooling (bundlers, private mempools, builders), with a secondary code of FSAPAKAD, Interchain Routing & Intent Networks (solvers, relayers, pathfinding). Its NAICS code is 522320 and its SIC code is 6200.