Layer 1 blockchain Sei has revealed a new partnership with Xiaomi, the third-largest smartphone manufacturer in the world, to preinstall crypto applications on new phones.
In a blog post, Sei unveiled the collaboration, which involves a $5 million "Global Mobile Innovation Program" that starts with preinstalled crypto wallets and discovery apps on “all new Xiaomi smartphones sold outside of mainland China and the United States.”
It is worth noting that Xiaomi’s largest user base is mainland China; however, the brand maintains a large presence in both India and Europe. According to the blog post, Xiaomi accounts for 24% of the smartphone market in India and 37% in Greece.
To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
