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Sei 'Explores' Buying 23andMe to Put Genetic Data on Blockchain

The Sei Foundation is exploring the acquisition of 23andMe to integrate genetic data onto its blockchain, giving users ownership and control over their genetic data.

Mar 27, 2025 • 1 min read

Sei Foundation plans to acquire bankrupt 23andMe, aiming to store user genetic data on its blockchain and let users reclaim ownership.

What’s the Scoop?

Sei's Bold Proposition: The Sei Foundation is considering acquiring the bankrupt genomics firm 23andMe to bring its 15 million users' genetic data to the blockchain.
National Security Focus: The foundation emphasized genomic data security as a national security concern amidst 23andMe's financial struggles and recent Chapter 11 bankruptcy filing.
User Data Ownership: If the deal proceeds, Sei plans to give users control over their decrypted genetic data, allowing them to decide on monetization uses.
Market Response: SEI token jumped 3% on the announcement but pared back gains shortly after.

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