Sei Launches $50M Ecosystem Fund to Boost Japan’s Web3 Innovation

• Sei Foundation introduces the $50 million Japan Ecosystem Fund to accelerate growth in Japan’s crypto startup space.

• Fund targets Web3 gaming, social, and entertainment sectors, leveraging Sei V2’s high-performance blockchain.

• Open to investing in new blockchain use cases that emerge in Japan, expanding beyond initial focus areas.

• Launched at the “Sei Web3 Day for Japan” in Tokyo with over 20 Japanese enterprises participating.

• Aims to foster ecosystem development, attract local talent, and support promising Japanese startups.

• Justin Barlow, Head of BD and Investments at Sei Foundation, highlights Japan’s leadership in gaming and entertainment, expressing excitement for new crypto startups.

• Fund aligns with Sei’s objective to scale its ecosystem and establish a strong presence in Japan’s Web3 market.