Three prime cryptocurrency exchanges are concurrently asserting assist for a brand new layer-1 crypto mission.
In new statements, Coinbase, Binance, and Kraken all announce assist for Sei (SEI) on the Sei Community.
Says US-based alternate Coinbase,
“Coinbase will add assist for Sei (SEI) on the Sei community. Don’t ship this asset over different networks or your funds could also be misplaced. Transfers for this asset can be found on Coinbase & Coinbase Alternate within the areas the place buying and selling is supported.”
Kraken equally introduced in a weblog submit that buying and selling for SEI would start as we speak.
Binance introduced SEI buying and selling collectively whereas concurrently asserting assist for one more altcoin, CyberConnect (CYBER).
Sei Community’s is a layer-1 blockchain constructed on Cosmos that’s optimized for buying and selling and the exchanging of digital property, and is designed to be a resilient, monolithic chain.
Sei Labs raised $30 million from a number of high-profile traders within the business earlier this 12 months to construct the “quickest layer-1.”
Says the mission’s web site,
“Sei is a common objective, open-source Layer 1 blockchain specialised for the alternate of digital property. Leveraging a novel consensus and technical breakthroughs, Sei is the quickest blockchain within the business.
A typical false impression is that Sei is a DeFi chain. Nonetheless, the alternate of digital property is common throughout gaming, social, and NFTs (non-fungible tokens). Buying and selling is common objective.”
SEI launches because the 104th largest crypto by market cap.
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