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Crypto.com Adds Sei Network for Enhanced Security Access

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Crypto.com Adds Sei Network to Institutional Custody Services

Crypto.com has officially integrated Sei into its institutional custody network. This move offers businesses and merchants a secure option to manage and hold SEI assets.

The collaboration aims to enhance user trust within the Sei blockchain ecosystem. It also unlocks new opportunities for validators, funds, and treasuries.

Key benefits of this integration include:

  • The exchange now supports Sei’s native token with compliant cold storage
  • Institutions can securely manage SEI for ecosystem growth, treasury, and staking
  • Accelerated institutional adoption will fuel Sei’s expansion

Crypto.com Custody provides custody services to leading institutions and wealthy clients. The platform uses state-of-the-art security measures and has now tapped into Sei’s capabilities.

Commenting on the latest development, Crypto.com’s COO and President Aric Anziani said:

Institutional custody is a critical foundation for scaling blockchain ecosystems. We’re pleased to support the Sei Network’s mission to power high-frequency, low-latency applications with secure infrastructure that meets the highest standards of compliance and operational integrity.

This partnership reflects Crypto.com’s vision of becoming the backbone for compliant crypto infrastructure. The focus remains on platforms dedicated to finance and trading.

Sei Network’s Growing Institutional Appeal

Sei has thrived since its 2023 mainnet launch to become a notable player in the Layer 1 sector. The network prioritizes on-chain finance and high-speed trading capabilities.

The SEI Network currently supports nearly 50 million wallets while handling billions of transactions. Recently, the blockchain integrated PayPal’s stablecoin to promote crypto adoption in global finance.

This integration reflects increasing institutional interest in the Sei Network. The platform requires high-end security for smooth operations, especially amid thriving staking activities.

Messari highlighted that SEI stakers celebrated positive yield for the first time as the blockchain flourishes.

Crypto.com Custody guarantees security through its innovative tools. The exchange offers compliant, institutional-grade cold storage for large-scale investors. This allows them to manage SEI assets for treasury operations, ecosystem expansion, and validator incentives with minimized risks.

The Sei Development Foundation director Justin Barlow welcomed this development:

We’re thrilled to see another leading provider of institutional-grade custody solutions choose to support the Sei Network. Through Crypto.com Custody, institutional investors will have yet another tool to interact with Sei in a secure and regulated way.

Barlow’s comments echo prevailing trends of blockchain networks integrating with security frameworks. These partnerships help offer institutional-grade services with proper compliance.

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