Sei derivative product DEX Filament completes a $1.10 million seed round financing, with Lingfeng Innovation Fund as the lead investor.

Foresight News reports that $Sei, an ecosystem for hybrid derivative DEX Filament, has announced the completion of a $1.10 million seed funding round. The round was led by Lingfeng Innovation Fund, with participation from Halo Capital and Spyre Group. Additionally, investors include angel investors from Web3 projects such as Polygon, Router Protocol, Stakecito, Chorus One, Archerman Capital, and CoinBureau, as well as former core contributors from Binance, $Sei, and Tendermint.