Quick take:
- The crypto discovery app allows users to send peer-to-peer crypto payments, access dApps, and explore Web3 products without downloading crypto-specific software.
- As part of the expanded partnership between the two companies, Sei plans to roll out stablecoin payments for Xiaomi’s 20,000-plus retail stores, starting with Hong Kong and the EU.
- Sei Labs Co-Founder Jay Jog said the network aims to build “a decentralized NASDAQ”, bringing the financial ecosystem on-chain.
Sei Blockchain has collaborated with Chinese smartphone maker Xiaomi to embed its crypto wallet in millions of smartphones globally. According to the announcement on Wednesday, starting in 2026, all Xiaomi smartphones sold outside Mainland China and the United States will come pre-installed with a wallet and crypto discovery app developed by Sei Labs.
The crypto discovery app allows users to send peer-to-peer crypto payments, access dApps, and explore Web3 products without downloading crypto-specific software.
As part of the expanded partnership between the two companies, Sei plans to roll out stablecoin payments for Xiaomi’s 20,000-plus retail stores, starting with Hong Kong and the EU.
Sei Labs aims to build “a decentralized NASDAQ”, according to co-founder Jay Jog, who sees the future of the financial ecosystem on-chain. Jog expects the platform to reach top speeds of up to 200,000 transactions per second.
“The collaboration will provide millions of people with their first entry point into crypto, especially in countries where Xiaomi dominates the smartphone landscape, like Greece (36.9%) and India (24.2%),” the company wrote in a press release.
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