SEI has recently caught a ride into the world of traditional finance—it’s been included in the DIME ETF product basket launched by CoinShares, a fund that bundles together 10 altcoins. What’s even more crucial? Now, the 50 million regular investors with accounts at Vanguard can conveniently add crypto assets including SEI to their portfolios, just like buying Apple stock.

The significance of this lies in Vanguard’s scale. As one of the largest 401(k) retirement fund providers in the US, the institution manages over $11 trillion in assets. Starting in 2025, they’ll allow clients to purchase crypto ETFs like DIME directly through brokerage accounts. In other words, the money sitting in retirement accounts now has a legitimate channel for crypto asset allocation.

This move chips away yet another piece of the wall between cryptocurrency and traditional investment tools. For SEI, appearing on the holdings list of such mainstream financial products means it’s gradually transitioning from a niche speculative asset to an option on institutional asset allocation sheets.