Sei token jumped after the network announced a partnership with Xiaomi to pre-install a Sei crypto wallet on new smartphones sold across major global markets.Sei token jumped after the network announced a partnership with Xiaomi to pre-install a Sei crypto wallet on new smartphones sold across major global markets.

Sei token rises on Xiaomi partnership for pre-installed crypto wallets

2025/12/11 04:48

The Sei token, native to the layer-1 blockchain network Sei, gained value on December 10, following the announcement of a strategic partnership with Xiaomi Corporation to integrate crypto wallet technology into the smartphone manufacturer’s devices.

Summary
  • Sei token jumped after the network announced a partnership with Xiaomi to pre-install a Sei crypto wallet on new smartphones.
  • Integration targets Europe, Latin America, Southeast Asia, and Africa, enabling dApp access and peer-to-peer transfers.
  • Sei Labs and Xiaomi project tens of millions of new users, supported by Sei’s new $5M Global Mobile Innovation Program.

The token posted intraday gains while most major cryptocurrencies traded lower, according to market data. The collaboration will embed a Sei crypto wallet application directly into new Xiaomi smartphones.

Sei Labs, the development team behind the Sei blockchain, announced the collaboration with Xiaomi on December 10, 2025. The partnership aims to deliver crypto wallet functionality to Xiaomi’s global user base through a pre-installed application on the company’s devices.

The integration will feature a pre-installed crypto wallet on new Xiaomi smartphones distributed outside mainland China and the United States, according to the announcement. Initial rollout targets include Europe, Latin America, Southeast Asia, and Africa.

Sei token rises on Xiaomi partnership for pre-installed crypto wallets - 2

Xiaomi holds over 36% of the smartphone market in Greece and over 24% in India, according to market data. The company sold over 168 million devices in 2024, accounting for 13% of global market share. The pre-installed wallet will support onboarding through Google or Xiaomi account credentials.

The partnership will support decentralized applications, peer-to-peer transfers, and consumer-to-business transactions, according to the companies. Sei and Xiaomi plan to enable stablecoin transactions using assets such as USDC on the Sei network, with stablecoin payments scheduled to launch in Hong Kong and the European Union by the second quarter of 2026.

Jeff Feng, co-founder of Sei Labs, called the collaboration with Xiaomi a watershed moment.

“By embedding Sei’s high-performance infrastructure directly into one of the world’s most popular smartphone ecosystems, we’re not just solving the onboarding problem—we’re reimagining how billions of users will interact with digital assets in their daily lives,” he added.

Sei has committed $5 million to a Global Mobile Innovation Program, according to the announcement. The initiative will fund developers and startups building blockchain applications for consumer devices.

The partnership could onboard tens of millions of new users annually to the Sei platform, according to company projections. The integration targets wallet-based expansion in emerging markets.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Aave V4 roadmap signals end of multichain sprawl

Aave V4 roadmap signals end of multichain sprawl

The post Aave V4 roadmap signals end of multichain sprawl appeared on BitcoinEthereumNews.com. Aave Labs has released its official launch roadmap for V4, laying out the final steps ahead of the major upgrade’s Q4 mainnet launch.  Alongside new architectural and security improvements, the roadmap introduces a fundamental shift in how user balances are tracked and highlights a strategic pullback from economically underperforming deployments across layer-2 and alternative layer-1 networks. The V4 release moves away from aTokens’ rebasing-style mechanics toward ERC-4626-style share accounting, a change that promises cleaner integrations, easier tax treatment, and better compatibility with downstream DeFi infrastructure.  In a recent technical development update, Aave Labs confirmed that “tokenization is to remain optional and built using ERC 4626 vaults,” and that internal accounting will eliminate the use of exchange rates or scaled balances. The goal is to “further improve the overall reliability of the protocol.” ERC-4626 is a widely adopted Ethereum standard that expresses user deposits as shares of a vault rather than balances that grow over time. In Aave V3, aTokens accrue interest by increasing a user’s balance directly — behavior that resembles rebasing tokens and often confuses integrations and portfolio accounting tools.  By contrast, ERC-4626 tracks yield through a rising price-per-share metric, leaving token balances unchanged. The result is more predictable behavior for integrators, auditors and tax software, as well as a clearer cost basis for users. The roadmap also outlines a series of release milestones, including a formal codebase publication, a public testnet launch with a redesigned interface, and the completion of a multi-layered security review involving formal verification and manual audits. Aave Labs said the roadmap reflects the protocol’s “final stages of review, testing, and deployment,” and that additional documentation and launch preparation materials will be released in the coming weeks. But the most pointed strategic shift comes not from the codebase, but from Aave’s own governance forums. “Aave…
Share
BitcoinEthereumNews2025/09/18 07:40