# Sei 'Explores' Buying 23andMe to Put Genetic Data on Blockchain *Author: Bankless* *Published: Mar 27, 2025* *Source: https://www.bankless.com/de/read/sei-foundation-explores-buying-23andme-to-put-genetic-data-on-blockchain* --- Sei Foundation plans to acquire bankrupt 23andMe, aiming to store user genetic data on its blockchain and let users reclaim ownership. ## **What’s the Scoop?** - **Sei's Bold Proposition**: The Sei Foundation is considering acquiring the bankrupt genomics firm 23andMe to bring its 15 million users' genetic data to the blockchain. - **National Security Focus**: The foundation emphasized genomic data security as a national security concern amidst 23andMe's financial struggles and recent Chapter 11 bankruptcy filing. - **User Data Ownership**: If the deal proceeds, Sei plans to give users control over their decrypted genetic data, allowing them to decide on monetization uses. - **Market Response**: SEI token jumped 3% on the announcement but pared back gains shortly after.