The Sei Basis, the nonprofit behind the Sei blockchain, mentioned Thursday that it’s contemplating buying bankrupt genomics agency 23andMe. The purpose, it mentioned, is safeguarding genetic privateness for 15m Individuals by securing their information on blockchain.
23andMe, launched in 2006, turned standard for inexpensive at-home genetic testing kits. These kits provide customers insights into their ancestry, genetic traits and potential well being dangers. Subsequently, the corporate expanded into a number one direct-to-consumer genetic testing supplier. Consequently, it gathered huge genomic datasets from tens of millions worldwide.
Introduced by way of an X put up Thursday, the initiative marks Sei Basis’s strongest push but into decentralized science (DeSci), a motion selling transparency and person management in scientific information administration.
Notably, Sei devoted a $65m enterprise fund particularly for DeSci startups earlier this yr.
The Sei Basis is within the means of inserting its boldest DeSci wager but.@Sei_FND is formally exploring the acquisition of @23andMe to defend the genetic privateness of 15 million Individuals and guarantee their information is protected for generations to return.
We imagine person information… pic.twitter.com/c06R2QPyff— Sei
(@SeiNetwork) March 27, 2025
“We imagine person information sovereignty is a matter of nationwide safety,” the inspiration mentioned.
Why Blockchain Might Clear up Genomic Knowledge Vulnerabilities
With 23andMe dealing with chapter, delicate genomic information dangers falling into the fingers of entities much less dedicated to transparency. By integrating genetic information onto blockchain, Sei Basis intends to supply a novel stage of safety and person autonomy.
Particularly, blockchain integration would encrypt genetic information, that means information could be securely saved. This additionally means entry would require person consent.
Blockchain permits people to manage their information immediately. Customers determine who sees their info and the way it’s shared. They might even revenue from sharing their information. This mannequin sharply contrasts the present apply the place corporations primarily revenue from person information.
Why Sei’s Blockchain May Remodel Genetic Knowledge Monetization
Sei Basis’s technique contains deploying 23andMe’s information onto Sei blockchain, described by the inspiration as most performant blockchain constructed for web-scale functions.” Customers may then securely switch genetic information, keep privateness and share in monetization efforts—a considerable shift towards real possession and transparency.
Sei Basis envisions the buyout as setting a precedent for a way genetic information could possibly be responsibly managed. If profitable, it could remodel the connection between know-how corporations, shoppers and private well being information within the long-term.
Additional particulars and progress updates from Sei Basis are anticipated quickly.
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