Alright, here's the final piece worth checking from SEI's November moves. This part digs into their RWA and institutional play—honestly might be the heaviest section of the whole month.

Why does it matter? Well, real-world asset integration and institutional partnerships aren't just buzzwords anymore. They're the actual indicators of whether a chain can break out of the retail-only bubble. SEI's been positioning itself here, and November showed some concrete steps that could shape where things go next.

Not saying it's all fireworks and moonshots. But if you're tracking which L1s are building beyond the hype cycle, this institutional angle deserves a closer look. The RWA narrative is heating up across the board, and SEI's approach this month gives a pretty clear signal about their priorities.