Sei Network Disables IBC Asset Transfers, Migrating to EVM-Only Architecture

KuCoinFlash

Release Time: 05/12/2026 17:06:07

SEI

$0.067599.4%

Summary

On May 13, 2026, the Sei Network announced it has disabled IBC asset transfers following a community proposal. Users are urged to bridge their IBC assets out before withdrawals are suspended. The April network upgrade enabled this transition, with some users already receiving airdrop reminders. This move aligns with the broader trend in digital asset news toward EVM-focused blockchain development.

BlockBeats report: On May 13, Sei Labs announced that, following a community proposal, the Sei Network has officially disabled the function for importing IBC assets. The official notice warns wallet holders still holding IBC assets on the Sei Network to promptly bridge and withdraw their assets, as Sei will further disable the function for exporting IBC assets in the future.

Sei Labs stated that the Sei v6.4 upgrade released in April introduced a mechanism to disable IBC asset transfers. Some wallet holders with related assets previously received airdrop notifications urging users to complete bridging or exchange operations before Sei fully transitions to an EVM-only architecture.

This means Sei is gradually reducing its compatibility with the original Cosmos IBC ecosystem and moving further toward becoming an EVM chain.

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