Hello N.T.,
I guess first...I do have to ask why you..."have to..." use this type of wood...or think you do? I can't think of to many places other than a rental property and an obstinate landlord that insists on its use. If that's the case I am sorry, but again question the validity of "mandating" it be used around children of any living space.
Can it be sealed?...There are several questionable modality of promise in the realm of "natural finishes" that may be serviceable to you.. With some patience and several coats of home mixed
flax and/or tung oil paint you may achieve some "sealing" effect. Several coats of any lime wash or milk paint may also render some protection as well.
In general many of the newer "ptw" are less harmful than in the past, and only the sawdust from cutting it is of great concern. The reason it is not promoted on sites like this and should not be used "at all" is the very toxic industries behind its manufacture and the reality that it does not offer the protection it calms any better, than many natural species of wood...often much less.
Regards,
j