Sei Network Reports 41% Rise in Tokenized US Treasury Holders Over Three Months
Key Takeaways
- •The number of holders of tokenized US Treasuries on Sei Network grew 41% over the past three months, according to figures the project shared on X.
- •Sei ranks as the 15th-largest blockchain for real-world assets with approximately $275.51 million in tokenized value, positioning it ahead of Plume, Algorand, and Optimism.
- •The rankings and figures were published by Sei and remain unverified by independent sources, although RWA.xyz data cited by COINOTAG indicates a comparable scale.
- •Tokenized Treasury products, which provide on-chain exposure to short-dated US government debt, are a core focus of Sei's RWA efforts alongside its outreach to institutional issuers.
- •Despite recent momentum, Sei's RWA value of under $300 million represents a small portion of the total market, and growth in holders does not necessarily translate into higher token prices.
Sei Network says the number of holders of tokenized US Treasuries on its chain has risen 41% over the past three months, adding to signs of growing activity in its real-world asset (RWA) ecosystem. The update was shared by @SeiNetwork on X. Tokenized Treasuries are on-chain representations of US government debt and have become one of the most closely watched segments of the RWA sector, which seeks to move assets that exist off-chain onto public blockchains.
According to the same data, $SEI ranks as the 15th largest chain for RWAs, with about $275.51 million in tokenized value. That would place it ahead of several established networks, including @plumenetwork, @Algorand and @Optimism. These rankings and figures are as published by Sei and have not been independently confirmed.
Holder Growth Builds on Recent Momentum
The latest figure follows other reports of rising participation. AMBCrypto reported the figure in October. According to COINOTAG, data from analytics provider RWA.xyz points to a similar scale. Rankings and totals on such dashboards shift as assets and holders are added, which may explain differences from the figures cited by Sei.
Treasury Products Drive Sei's RWA Push
Tokenized Treasuries have been a focus for the network. Sei has also been courting institutional issuers, as discussed in a June interview. Across the industry, tokenized Treasury funds — typically offering on-chain exposure to short-dated US government debt — have been among the most prominent RWA products, launched by both major asset managers and crypto-native issuers.
The broader market provides the backdrop for these figures. In that context, a chain with under $300 million in RWA value remains a small share of the total, though holder growth suggests increasing uptake. Future updates from RWA.xyz and other dashboards, along with further disclosures from Sei, will indicate whether the holder growth trend continues and how the network's standing among RWA chains evolves.
Investors should note that holder counts and chain rankings can vary by data provider and methodology, and that growth in users does not necessarily translate into higher token prices.
Source: CryptoNewsNet
