Sei Labs is raising Series A funding at a valuation of $400 million, launching the Sei Network mainnet and conducting airdrops

According to TechFlow, three sources said that Sei Network developer Sei Labs is conducting a Series A financing with a token valuation of US$400 million.

According to co-founder Jayendra Jog, the Sei Network mainnet is expected to be launched and airdropped in the coming months.