The Sei Development Foundation is a not-for-profit organisation that aims to pave the way for a decentralised future in the US.
The Sei Foundation announced the funding of a US non-profit, the Sei Development Foundation, which is focused on the growth and awareness of the Sei protocol and other open source software initiatives.
This new US-based Foundation will offer builders and developers robust support and resources, fuel ecosystem growth, and helping position the US as a global leader in crypto. The development foundation will also establish its headquarters in Manhattan to accelerate innovation and empower American builders.
In alignment with its mission, the Sei Development Foundation will also seek to harness the growing optimism among US regulators and policymakers to help establish the country as a premier destination for crypto entrepreneurship.
“This is a significant milestone for Sei to continue shaping the decentralised future and driving technological advancement, by making digital assets less complex and more accessible to everyone here in the US” shared Gerald Gallagher, General Counsel at Sei Labs, Board Member at the Sei Development Foundation.
“At the Sei Development Foundation, we are deeply committed to harnessing transformative technologies and nurturing innovation for the next generation of visionary entrepreneurs. By establishing a strong local presence, we can further this mission while reigniting hope and optimism for crypto founders across the nation.” said Justin Barlow, Executive Director at the Sei Development Foundation.
