TenX Protocols officially listed on the Toronto Venture Exchange (ticker: TSXV TNX) in December, completing approximately $24 million in funding, becoming another publicly listed company focusing on the blockchain staking sector.
Interestingly, this staking protocol's optimism about Sei network is very direct—explicitly positioning it as one of the core investments in high-performance L1s. According to the plan, the funds raised will mainly be used for three purposes: purchasing Sei tokens for reserves, operating validation nodes to participate in network security, and deeply engaging in the staking ecosystem.
This not only reflects Sei's status as a high-performance public chain in the minds of institutional investors but also reveals that the commercial value of the staking economy in the Web3 ecosystem continues to heat up. In terms of funding scale, investor enthusiasm for this sector is still ongoing.
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AirdropBuffet
· 22h ago
Damn, is Sei about to take off...
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The capital really believes in staking; they threw in 24 million without blinking
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Wait, TenX going all in on Sei? Aren't they afraid of a crash?
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Another gambler... But to be fair, this strategy is quite aggressive
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It seems the story and capital behind Sei are convinced; the question is whether the secondary market will follow suit
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Staking economy is still heating up? Feels a bit late...
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Investing money is easy, but whether you can make a profit is the real key
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Once this financing news comes out, will Sei see a surge?
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DeFiVeteran
· 12-16 12:34
Staking track is back again, are institutions really all in on Sei?
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Raising 24 million to buy Sei reserves? This is the right direction.
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Sei has finally gained recognition, saving my previous investments.
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With the staking economy so hot, why do I still feel like I'm just lying flat?
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Another listed company entering the market, this must be a signal.
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By the way, why is TenX so persistent about Sei? Is there an insider story?
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Validation nodes, staking ecosystem... sounds like old tricks.
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Listed on Toronto Venture Exchange, quite rare in North America.
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The funding scale is good, but how is the Sei ecosystem? Still a question mark.
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I knew the staking economy would heat up, but I still didn't make any money.
View OriginalReply0
NoStopLossNut
· 12-16 11:05
Damn, Sei is being heavily invested in by institutions again. The staking track is really heating up.
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CryptoGoldmine
· 12-16 11:00
$24 million fully staked in Sei, I need to look at the ROI data before making a conclusion.
The staking economy is indeed growing, but computing power yield ratio is the decisive indicator.
Whether Sei can succeed depends on the operational efficiency of the validation nodes.
Institutional bets don't necessarily mean profit; the key is how low the investment return cycle can be pushed.
This move is somewhat similar to the mining pool centralization of the past, so risk should be kept in mind.
View OriginalReply0
CoffeeNFTrader
· 12-16 10:57
Is Sei really that powerful? Even institutions are pouring money into it.
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airdrop_huntress
· 12-16 10:54
The Sei ecosystem is up and running, and now all the capital is paying attention.
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GasFeeVictim
· 12-16 10:45
I think Sei is on the rise now, with institutions pouring real money in, not just paper financing. This is solid.
TenX Protocols officially listed on the Toronto Venture Exchange (ticker: TSXV TNX) in December, completing approximately $24 million in funding, becoming another publicly listed company focusing on the blockchain staking sector.
Interestingly, this staking protocol's optimism about Sei network is very direct—explicitly positioning it as one of the core investments in high-performance L1s. According to the plan, the funds raised will mainly be used for three purposes: purchasing Sei tokens for reserves, operating validation nodes to participate in network security, and deeply engaging in the staking ecosystem.
This not only reflects Sei's status as a high-performance public chain in the minds of institutional investors but also reveals that the commercial value of the staking economy in the Web3 ecosystem continues to heat up. In terms of funding scale, investor enthusiasm for this sector is still ongoing.