The Sei Foundation, dedicated to supporting the Layer-1 blockchain Sei, has officially announced the establishment of its new US non-profit entity, the Sei Development Foundation. The headquarters will be located in New York, emphasizing the organization’s commitment to driving growth and innovation in the blockchain space. This key development not only bolsters Sei’s presence in the U.S. but also highlights the increasing relevance of blockchain technology in local economies. As Sei continues to expand, its foundation aims to foster collaborations and initiatives that further accelerate the adoption and development of blockchain solutions across various sectors. Stakeholders and enthusiasts alike will be eager to follow Sei’s journey in this new phase of its evolution.