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Hamilton Lane Tokenized Fund Goes Live on Sei Network via KAIO
BlackRock and Brevan Howard Tokenized Funds Launch on Sei Network via KAIO’s Institutional-Grade Infrastructure
The Roundup: Week of September 29, 2025
Revenue Sharing is Equilibrium: Why Stablecoins Will (and Should) Pass Through Yield
The Roundup: Week of September 22, 2025
The Roundup: Week of September 15, 2025
Sei Research Initiative
Revenue Sharing is Equilibrium: Why Stablecoins Will (and Should) Pass Through Yield
By Ben Marsh - Sei Labs Research for Sei Research Initiative
Abstract
Stablecoin issuers sit on a predictable carry stream from user float. That gravy train is ending, on Ethereum alone using our model nearly $5bn a year could, and should, be redistributed away from the issuer. With more than
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