Sei Launches $65M Venture Fund to Support DeSci Innovations

TL;DR Sei Foundation launched Sapien Capital, a $65 million fund to finance decentralized science (DeSci) startups on its blockchain. The investment will focus on advanced wearables, scientific data management, and gamification of drug discovery. The SEI token rose 10.5% in 24 hours, trading at $0.328 with a market capitalization of $1.45 billion. Sei Foundation has ... source: https://crypto-economy.com/sei-launches-65m-venture-fund-to-support-desci-innovations/