Sei Labs contributes to the Sei blockchain, an open-source layer 1 blockchain focused on asset trading. The chain is optimized to allow decentralized exchanges and trading apps to offer users a fast, scalable user experience. Sei’s public testnet went live on March 13 and has attracted more than 3.6 million unique users in that time, according to the company.
Source: https://www.coindesk.com/business/2023/04/11/sei-labs-raises-30m-for-trading-focused-layer-1-blockchain/?utm_medium=referral&utm_source=rss&utm_campaign=headlines