A friend of mine, Lao Zhou, who works at a brokerage, told me:

“I actually saw $SEI in Interactive Brokers.”
I checked the screenshot—it turns out to be the CoinShares physically staked @SeiNetwork product, CSEI.
To put it simply:
It really uses $SEI as the underlying asset, not a paper-based synthetic product.
They stake SEI for you, with an annual yield of around 2%.
No management fees.
Listed on the SIX Swiss Exchange, so it’s a compliant product.
People like Lao Zhou used to be totally uninterested in using crypto exchanges or wallets.
Now, all he has to do is click a few times in Interactive Brokers, which he uses daily, just like buying regular stocks or ETFs, and he can “buy $SEI .”

Previously, SEI was only played with by people like us in the crypto community;
Now, CoinShares has made it into a physically staked product,
And, through major brokers like Interactive Brokers, it’s being put in front of professional investors in over 200 countries.
For traditional institutions, this is a compliant, ready-to-use, easy-to-trade SEI channel; for @SeiNetwork, it’s a big step toward entering the mainstream institutional world. When people talk about “institutional adoption,” sometimes it’s not a big green candle, but news like CSEI being available on Interactive Brokers—quiet but significant.