SUI’s ZK Stock Market vs. SEI’s DNA Vault: Inside Crypto’s Bid to Disrupt Two Giants

Sei Foundation eyes 23andMe acquisition to secure 15M genomes via blockchain, enabling user-controlled data monetization and privacy. Sui partners with Greece’s stock exchange to launch blockchain-based fundraising platform with ZK privacy for bid transparency. The Sei Foundation has announced it is considering acquiring the bankrupt genetic testing company 23andMe. The nonprofit, which supports the Sei blockchain, said the acquisition would aim to protect the genomic data of 15 million Americans. The foundation emphasized its concern that genetic data, if not secured, could fall into the hands of entities that do not prioritize privacy. Founded in 2006, 23andMe grew by offering low-cost DNA testing kits that allowed users to access personal ancestry and health-related genetic information. The company built one of the largest privately held genomic databases in the world. Now, with the firm facing bankruptcy, questions have surfaced regarding how and where that data could be stored, transferred, or sold. The Sei Foundation is in the process of placing its boldest DeSci bet yet.@Sei_FND is officially exploring the acquisition of @23andMe to defend the genetic privacy of 15 million Americans and ensure their data is protected for generations to come. We believe user data… pic.twitter.com/c06R2QPyff — Sei (@SeiNetwork) March 27, 2025 The Sei Foundation believes that integrating this data into a blockchain infrastructure could address key risks. Blockchain would allow data to be encrypted and shared only with user consent. In this model, individuals control how their information is accessed. Additionally, users could benefit financially by choosing to share their data with research organizations or other institutions. Meanwhile, on April 16, 2025, the Sui Foundation announced a collaboration with the Athens Exchange Group (ATHEX), the operator of Greece’s national stock exchange. The partnership involves a new digital fundraising platform designed on the Sui blockchain. The system is built to upgrade the current Electronic Book Building (EBB) process, a standard method used to assess investor demand for new stock offerings. Source: blog.sui.io This new platform uses smart contracts and zero-knowledge (ZK) technology to protect sensitive bid details while keeping the overall process transparent and verifiable. ZK tools allow bid data to remain hidden from public view while still proving that each submission complies with regulatory requirements. The Athens Exchange Group plans to fully digitize its EBB system, making it the first national exchange to operate a complete on-chain order book. The platform aims to maintain privacy while increasing automation and improving compliance checks. According to Nikos Porfyris, COO of ATHEX, the transition to blockchain infrastructure seeks to boost efficiency, reduce errors, and improve the quality of market data. Both cases highlight how blockchain infrastructure is being used to support privacy, tr in a formal or creative style, maintaining a 500 word count. You must only respond with the modified content. Change the tone of my title “Sei Foundation eyes 23andMe acquisition to secure 15M genomes via blockchain, enabling user-controlled data monetization and privacy. Sui partners with Greece’s stock exchange to launch blockchain-based fundraising platform with ZK privacy for bid transparency. The Sei Foundation has announced it is considering acquiring the bankrupt genetic testing company 23andMe. The nonprofit, which supports the Sei blockchain, said the acquisition would aim to protect the genomic data of 15 million Americans. The foundation emphasized its concern that genetic data, if not secured, could fall into the hands of entities that do not prioritize privacy. Founded in 2006, 23andMe grew by offering low-cost DNA testing kits that allowed users to access personal ancestry and health-related genetic information. The company built one of the largest privately held genomic databases in the world. Now, with the firm facing bankruptcy, questions have surfaced regarding how and where that data could be stored, transferred, or sold. The Sei Foundation is in the process of placing its boldest DeSci bet yet.@Sei_FND is officially exploring the acquisition of @23andMe to defend the genetic privacy of 15 million Americans and ensure their data is protected for generations to come. We believe user data… pic.twitter.com/c06R2QPyff — Sei (@SeiNetwork) March 27, 2025 The Sei Foundation believes that integrating this data into a blockchain infrastructure could address key risks. Blockchain would allow data to be encrypted and shared only with user consent. In this model, individuals control how their information is accessed. Additionally, users could benefit financially by choosing to share their data with research organizations or other institutions. Meanwhile, on April 16, 2025, the Sui Foundation announced a collaboration with the Athens Exchange Group (ATHEX), the operator of Greece’s national stock exchange. The partnership involves a new digital fundraising platform designed on the Sui blockchain. The system is built to upgrade the current Electronic Book Building (EBB) process, a standard method used to assess investor demand for new stock offerings. Source: blog.sui.io This new platform uses smart contracts and zero-knowledge (ZK) technology to protect sensitive bid details while keeping the overall process transparent and verifiable. ZK tools allow bid data to remain hidden from public view while still proving that each submission complies with regulatory requirements. The Athens Exchange Group plans to fully digitize its EBB system, making it the first national exchange to operate a complete on-chain order book. The platform aims to maintain privacy while increasing automation and improving compliance checks. According to Nikos Porfyris, COO of ATHEX, the transition to blockchain infrastructure seeks to boost efficiency, reduce errors, and improve the quality of market data. Both cases highlight how blockchain infrastructure is being used to support privacy, tr” for a more friendly approach. Keep the content length about the same. You must only respond with the modified content.