Bitget Wallet Launches Full Support for Sei Network, Announces $700K Ecosystem Initiative

By: bitcoin ethereum news|2025/05/08 23:30:02

San Salvador, El Salvador, 8 May, 2025 — Bitget Wallet, a leading Web3 non-custodial wallet, now offers full support for the Sei network — expanding its multi-chain capabilities and making it easier for users globally to access and interact with the Sei ecosystem. With this integration, Bitget Wallet now supports native Sei token transfers, in-app trading, and live price tracking. Users can bridge assets from major blockchains like Solana and BNB Chain into Sei through Bitget Wallet’s cross-chain infrastructure, which spans over 30 networks. Trading is powered by Super DEX, Bitget Wallet’s aggregator connecting liquidity across more than 130 blockchains — allowing users to securely access the Sei ecosystem and interact with other networks from a single wallet interface. “We’re excited to support direct access to Sei through Bitget Wallet,” said Alvin Kan, COO of Bitget Wallet . “ By making Sei more accessible to our global user base, we’re not only expanding the reach of one of the fastest-growing L1 networks, but also reinforcing our mission to make Web3 simpler, faster, and more rewarding for everyone. “ Sei is a Layer-1 blockchain combining the best of Ethereum and Solana — the developer tooling, mindshare, and network effects of the EVM, with the performance and scalability of next-generation blockchains like Solana. Its architecture achieves block finality in under 400 milliseconds, making it one of the fastest blockchains currently available. ““Expanding user access and improving ecosystem onboarding are key priorities,” said Justin Barlow, Executive Director at Sei Development Foundation . “This integration with Bitget Wallet lowers the barriers for users to explore and interact with applications across the network.” As part of the rollout, Sei Ecosystem Month — a $700,000 initiative — is being launched to spotlight applications building on Sei and drive ecosystem engagement. The program will include trading competitions, quest-based activities, and new product experiences, all accessible through the Bitget Wallet app. For more information, visit the Bitget Wallet blog and Bitget Wallet Sei Ecosystem Month website. About Sei Sei is a Layer 1 blockchain that combines the advantages of Ethereum and Solana: the dominant development standard of Ethereum with the performance of Solana. Sei launched its mainnet in 2023, and has since processed billions of transactions across more than 18 million wallets. Currently on Devnet, Sei’s V3 Giga update will make Sei 50x more performant than any existing EVM chain, serving as a groundbreaking new scaling approach for the Ethereum ecosystem. The team is backed by Multicoin, Jump, Coinbase Ventures, and many more To learn more about Sei, please visit https://www.sei.io/ About Bitget Wallet Bitget Wallet is a non-custodial crypto wallet designed to make crypto simple, secure, and accessible for everyone. With over 60 million users, it brings together a full suite of crypto services, including swaps, market insights, staking, rewards, a DApp browser, and crypto payment solutions. Supporting 130+ blockchains, 20,000+ DApps, and a million tokens, Bitget Wallet enables seamless multi-chain trading across hundreds of DEXs and cross-chain bridges. Backed by a $300+ million user protection fund, it ensures the highest level of security for users’ assets. For more information, visit: X | Telegram | Instagram | YouTube | LinkedIn | TikTok | Discord | Facebook For media inquiries, contact [email protected] Disclaimer: The information presented in this article is part of a sponsored/press release/paid content, intended solely for promotional purposes. Readers are advised to exercise caution and conduct their own research before taking any action related to the content on this page or the company. Coin Edition is not responsible for any losses or damages incurred as a result of or in connection with the utilization of content, products, or services mentioned. Source: https://coinedition.com/bitget-wallet-launches-full-support-for-sei-network-announces-700k-ecosystem-initiative/

Currently, most Web3 projects are still in the stage of functional fragmentation, often focusing only on a single aspect, such as IP asset tokenization, transaction functionality, or a simple incentive model. This structural dispersion has become a key bottleneck hindering the industry's scale application.

BeatSwap's approach is more integrated, integrating multiple core modules into the same system, including:

· IP authentication and on-chain registration

· Authorization-based revenue sharing mechanism

· User-engagement-driven incentive system

· Transaction and liquidity infrastructure

Through the above integration, the platform builds an end-to-end closed-loop path, allowing IP rights to complete a full cycle of "creation, use, and monetization" within the same ecosystem.

Expanding from Web3 to a broader market: Restructuring the music industry's supply-demand structure

BeatSwap is not limited to existing crypto users but is attempting to take the global music industry as a starting point, actively creating new market demand. Its core strategies include:

Exploring and incubating music creators (Artist discovery)

Building a fan community

Igniting IP-centric content consumption demand

The current global music industry is valued at around $260 billion, with over 2 billion digital music users. This means that the potential market corresponding to the tokenization and financialization of IP far exceeds the traditional crypto user base.

In this context, BeatSwap positions itself at the intersection of "real-world content demand" and "on-chain infrastructure," attempting to bridge the structural gap between content production and financial flow.

"Space" to Launch in Q2 2026: Building the Core of SocialFi

BeatSwap's upcoming core product "Space" is scheduled to launch in the second quarter of 2026. This product is defined as the SocialFi layer in the ecosystem, aiming to directly connect creators with users and achieve deep integration with other platform modules.

Key designs include:

A fan-centric interactive mechanism

Exposure and distribution logic based on $BTX staking

User paths connected to DeFi and liquidity structures

Thus, a complete user behavior loop is formed within the platform: Discovery → Participation → Consumption → Rewards → Trading

$BTX Token Mechanism: Evolving from an Incentive Tool to a Value Carrier

$BTX is designed to be a core utility asset within the ecosystem, rather than just a simple incentive token, with its value directly tied to platform activity and IP use cases.

Main features include:

· Yield distribution based on on-chain authorized actions

· Value reflection based on IP usage and user engagement dynamics

· Support for staking and DeFi participation mechanisms

· Value growth driven by ecosystem expansion

With the increased frequency of IP use, the utility and value support of $BTX will enhance simultaneously, helping alleviate the "disconnect between value and utility" issue present in traditional Web3 token models to some extent.

Accelerating Global Exchange Layout: Enhancing Liquidity and Accessibility

Currently, $BTX has been listed on several mainstream exchanges, including:

Binance Alpha

Gate

MEXC

OKX Boost

As the launch of "Space" approaches, BeatSwap is actively pursuing more exchange listings to further enhance liquidity and global accessibility, laying a foundation for future market expansion.

Beyond Web3: Aiming for a Larger-Scale Integration of Content and Finance Markets

BeatSwap's goal is no longer limited to the traditional Web3 narrative but aims to target over 2 billion digital music users and a trillion KRW-scale content market.

By integrating content creators, users, capital, and liquidity into a blockchain framework centered around IP rights, BeatSwap is striving to build a next-generation infrastructure focused on "IP tokenization."

Conclusion

BeatSwap integrates IP authentication, authorization distribution, incentive mechanism, transaction system, and market construction to establish a unified structure that bridges the full lifecycle path of IP rights.

With the launch of the Q2 2026 "Space," the project is expected to become a key infrastructure connecting content and finance in the IP-RWA (Real World Assets) track.

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