Druk Holding and Investments Ltd (DHI), the sovereign wealth fund of Bhutan, has joined forces to launch a Sei blockchain validator. The implementation of the SeiDruk Holding and Investments Ltd (DHI), the sovereign wealth fund of Bhutan, has joined forces to launch a Sei blockchain validator. The implementation of the Sei

Bhutan Partners With Sei Network to Secure the Fastest Layer-1 Blockchain

  • Druk Holding and Investments Ltd (DHI), the sovereign wealth fund of Bhutan, has joined forces to launch a Sei blockchain validator.
  • The implementation of the Sei validator will contribute to the creation of new digital innovation pathways in Bhutan, specifically in tokenization and financial technologies.

Bhutan has collaborated with the Sei Development Foundation to deploy a Sei blockchain validator in the Kingdom. This partnership will be implemented during the first quarter of 2026 and will strengthen the presence of the blockchain in Bhutan, which will support the digital transformation plan of the country in the future.

This step follows recent moves by the Kingdom to develop an active presence in the cryptocurrency sector, such as holding considerable stakes in Bitcoin and Ethereum, as we have reported. At the same time, this initiative is supported by Sapien Capital, a firm that focuses on science and technology.

The introduction of a Sei validator will give Bhutan a chance to take a hands on control of the blockchain infrastructure, and allow the country to experiment with asset tokenization, digital payments, and the creation of new financial technologies.

The collaboration also introduces additional validators in the Sei network across the world, and this contributes to the decentralization of the network and increases its security. The validator will be key in facilitating blockchain services in Bhutan and the adoption of the decentralized ledger technologies into its national infrastructure.

Boosting Bhutan’s Blockchain Capacity and Digital Future

The Sei validator in Bhutan is likely to open the door to several blockchain solutions in the country. Bhutan will look into the application of blockchain in asset tokenization, data monetization, and the creation of fintech tools that can be incorporated into the economy of the kingdom. By being a validator, Bhutan get an opportunity to operate its own blockchain networks and increase the technological capacity, which is crucial to its digital transformation strategy.

This collaboration with Sei is especially notable, as the network is associated with rapid transactions at a low cost. To date, the Sei network has facilitated more than 4 billion transactions and now serves more than 80 million wallets.

Druk Holding and Investments (DHI), the Sovereign Wealth Fund of Bhutan, has long been engaged in digital assets, holding significant amounts of Bitcoin and Ethereum. Bhutan, as we earlier reported, has been tapping its cryptocurrency portfolio in the financial planning of its economic developments, and its partnership with Sei is a natural progression. The validator will also give Bhutan an interest in the creation of sovereign identity systems and digital business models, advancing the country’s vision to become a pioneer in the blockchain world.

Moreover, as CNF detailed, Bhutan has already begun testing cryptocurrency payment systems in the tourism sector, where scanning a QR code instantly converts crypto into local currency. 

SEI has declined by 14% over the past seven days. At press time, it was trading at $0.1074, a 1.06% decline, mirroring the broader crypto market, which is down by 2% to $3.01 trillion.

]]>
Market Opportunity
SEI Logo
SEI Price(SEI)
$0.1085
$0.1085$0.1085
-0.09%
USD
SEI (SEI) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

XRP Price Prediction: Ripple CEO at Davos Predicts Crypto ATHs This Year – $5 XRP Next?

XRP Price Prediction: Ripple CEO at Davos Predicts Crypto ATHs This Year – $5 XRP Next?

XRP has traded near $1.90 as Ripple CEO Brad Garlinghouse has predicted from Davos that the crypto market will reach new highs this year. Analysts have pointed
Share
Coinstats2026/01/22 04:49
What Is Jawboning? Jimmy Kimmel Suspension Sparks Legal Concerns About Trump Administration

What Is Jawboning? Jimmy Kimmel Suspension Sparks Legal Concerns About Trump Administration

The post What Is Jawboning? Jimmy Kimmel Suspension Sparks Legal Concerns About Trump Administration appeared on BitcoinEthereumNews.com. Topline Legal experts have raised concerns that ABC’s decision to pull “Jimmy Kimmel Live” from its airwaves following the host’s controversial comments about the death of Charlie Kirk, could be because the Trump administration violated free speech protections through a practice known as “jawboning.” Jimmy Kimmel speaks at Disney’s Advertising Upfront on May 13 in New York City. Disney via Getty Images Key Facts Disney-owned ABC announced Wednesday Kimmel’s show will be taken off the air “indefinitely,” which came after ABC affiliate owner Nexstar—which needs Federal Communications Commission approval to complete a planned acquisition of competitor Tegna Inc.—said it would not air the program due to Kimmel’s comments Monday regarding Kirk’s death and the reaction to it. The sudden move drew particular concern because it came only hours after FCC head Brendan Carr called for ABC to “take action” against Kimmel, and cryptically suggested his agency could take action saying, “We can do this the easy way or the hard way.” While ABC and Nexstar have not given any indication their decisions were influenced by Carr’s comments, the timing raised concerns among legal experts that the Trump administration’s threats may have unlawfully coerced ABC and Nexstar to punish Kimmel, which could constitute jawboning. Jawboning refers to “the use of official speech to inappropriately compel private action,” as defined by the Cato Institute, as governments or public officials—who cannot directly punish private actors for speech they don’t like—can use strongman tactics to try and indirectly silence critics or influence private companies’ actions. The practice is fairly loosely defined and there aren’t many legal safeguards dictating how violations of it are enforced, the Knight First Amendment Institute notes, but the Supreme Court has repeatedly ruled it can be unlawful and an impermissible First Amendment violation when it involves specific threats. The White…
Share
BitcoinEthereumNews2025/09/19 07:17
Wormhole Unleashes W 2.0 Tokenomics for a Connected Blockchain Future

Wormhole Unleashes W 2.0 Tokenomics for a Connected Blockchain Future

TLDR Wormhole reinvents W Tokenomics with Reserve, yield, and unlock upgrades. W Tokenomics: 4% yield, bi-weekly unlocks, and a sustainable Reserve Wormhole shifts to long-term value with treasury, yield, and smoother unlocks. Stakers earn 4% base yield as Wormhole optimizes unlocks for stability. Wormhole’s new Tokenomics align growth, yield, and stability for W holders. Wormhole [...] The post Wormhole Unleashes W 2.0 Tokenomics for a Connected Blockchain Future appeared first on CoinCentral.
Share
Coincentral2025/09/18 02:07