PANews reported on October 2nd that Layer1 blockchain Sei announced on its official X platform that Ondo Finance and Securitize, two major players in the real-world asset (RWA) tokenization field, have chosen to build or integrate on the Sei network.

Sei officials noted that the two companies combined hold over 50% of the tokenized U.S. Treasury market share. Sei said the move demonstrates that institutions are moving toward a settlement layer built for a global-scale market.