A friend of mine, Lao Zhou, who works at a brokerage firm, told me: “I actually saw $SEI listed on Interactive Brokers.” After checking his screenshot, it turned out to be CoinShares’ physical staking product, @SeiNetwork’s CSEI. Let me summarize a few key points: - It genuinely uses $SEI as the underlying asset, not a synthetic paper product. - It stakes SEI for you, with an annual yield of around 2%. - No management fees are charged. - It’s listed on the Swiss SIX exchange, making it a fully compliant product. Lao Zhou is the type of person who would have never bothered with crypto exchanges or figuring out wallets in the past. Now, he can “buy $SEI” simply by clicking a few buttons on the Interactive Brokers platform that he uses daily for things like stocks and ETFs. Previously, SEI was mostly played with by us crypto enthusiasts. Now, CoinShares has turned it into a physical staking product and made it available to professional investors in over 200 countries through major brokerages like Interactive Brokers. For traditional institutions, this offers a compliant, easy-to-access, straightforward way to invest in SEI. For @SeiNetwork, this marks a major step toward bridging into the mainstream institutional world. When people talk about “institutions entering the market,” it doesn’t always look like a big green candle on the chart. Sometimes, it’s quiet but impactful news like CSEI being listed on Interactive Brokers—seemingly unremarkable but carrying significant weight.