the Kingdom of Bhutan plans to deploy and operate a Sei Network validator in the first quarter. The validator will be launched in collaboration between the Sei Development Foundation and the Technology Department of Druk Holding and Investments (DHI) — DHI is Bhutan's main sovereign wealth fund and holding company.

Phuntsho Namgay, head of the Innovation and Technology Department at DHI, stated that as part of its digital transformation goals, the wealth fund plans to continue exploring other collaboration opportunities with the Sei Development Foundation.

“This cooperation marks an exciting step for Bhutan in strengthening its role in the global blockchain innovation field, while also opening new avenues for data valuation, scientific advancement, and fintech.”