The Kingdom of Bhutan's Sovereign Wealth Fund DHI will deploy a Sei validation node, with the Sei validator network further expanding

On January 20, 2026, the Sei Development Foundation announced a partnership with the Kingdom of Bhutan's Sovereign Wealth Fund Druk Holding and Investments Ltd (DHI) to deploy and operate a Sei Network validator node in Bhutan. The project is led by DHI's InnoTech division and the node is expected to go live in the first quarter of 2026.

Sei stated that this collaboration will significantly enhance Bhutan's national-level capabilities in blockchain infrastructure and is expected to pave the way for data monetization, scientific research and innovation, and fintech applications. Additionally, the partnership will explore asset tokenization in Bhutan and potentially introduce new domestic economic incentive mechanisms. Sei described the collaboration as part of Bhutan's ongoing digital transformation strategy.

The project also received support from Sapien Capital, an investment firm focused on driving growth in the Sei ecosystem's science and innovation sectors.

Eleanor Davies, Head of Science and Innovation at the Sei Development Foundation, stated that Bhutan has long been actively adopting cutting-edge technologies in national economic and social projects. She said, "This collaboration is not only a significant investment in Bhutan's blockchain infrastructure but will also further expand Sei's global validator network coverage, laying the foundation for future innovative collaborations in payment, tokenization, and individual identity."

Phuntsho Namgay, Head of Innovation and Technology at DHI, noted that this collaboration will help strengthen Bhutan's role in the global blockchain innovation landscape and open up opportunities for data monetization, scientific development, and fintech applications. DHI looks forward to continuing its collaboration with Sei to explore more project opportunities that align with Bhutan's digital transformation goals and have real-world impact.

About Sei

Sei is a public chain optimized for fast, low-cost financial transactions, positioned as an EVM Layer 1 that combines the network effect of the Ethereum ecosystem with the performance of Solana. Official data from Sei shows that it has processed over 4 billion transactions, covering over 80 million wallet addresses, and has become the top-ranked EVM public chain by active users. Sei's investors include Multicoin, Jump, Coinbase Ventures, and Circle Ventures, and team members come from institutions such as Robinhood, Google, Coinbase, Databricks, Uber, and Goldman Sachs.

About Sei Development Foundation

The Sei Development Foundation is an independent U.S.-based nonprofit organization dedicated to advancing the development and ecosystem adoption of technologies based on open-source, permissionless protocols like Sei. Through education, funding support, and ecosystem nurturing, the foundation collaborates with global developer and user communities to drive the application and expansion of Sei and related projects.

About Sapien Capital

Sapien Capital is a venture capital firm focused on advancing the scientific and innovation sector within the Sei ecosystem. Its Sapien Open Science Fund I, with a size of $65 million, is one of the representative specialized funds in the crypto industry specifically targeting DeSci (Decentralized Science) startup teams and projects.

About Druk Holding and Investments Ltd (DHI)

Druk Holding and Investments Ltd (DHI) is the commercial investment vehicle and core asset management institution of the Kingdom of Bhutan's government. Established in 2007, it is responsible for representing and managing the current and future investments on behalf of the royal government to enhance the long-term well-being of the Bhutanese people. As Bhutan's largest and only government-wholly-owned holding company, DHI holds equity in 25 companies across various sectors including manufacturing, energy, natural resources, finance, telecommunications, aviation, trade, and real estate.

At a global asset allocation level, DHI's investment portfolio covers various asset classes, including global equities, fixed income, venture capital; domestic and international real estate; renewable energy (including hydropower); health tech, biotech, life sciences, and agri-tech, as well as digital asset mining and investments. DHI stated that its future-focused investment strategy aims to enhance Bhutan's local awareness and involvement in the tech industry while promoting human capital accumulation and employment opportunities growth, enabling Bhutanese citizens to participate in the global modern economy within their country.

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