Safe solidifies its standing as a leading secure infrastructure for digital assets, implementing multisig wallets and processing large transaction volumes.
Ethereum Foundation Transition to Safe
This week, the Ethereum Foundation has begun migrating its treasury operations to Safe Protocol, implementing a new multisignature wallet for managing 50,000 ETH (approximately $160 million) for DeFi support. This implementation ensures enhanced security standards while participating in DeFi, further advancing Safe's vision of moving the world's GDP on-chain.
The Future of Safe
Safe currently manages over $100 billion in assets and secures 6.8% of all USDC. Its growth spans both traditional web3 assets and the thriving sectors of stablecoins and Real World Assets. In 2024, Safe introduced Safenet, a transaction processing network offering revenue-sharing opportunities, integrating co-processors for on- and off-chain data management.
Safe's Milestones
Key achievements of Safe include: - Ethereum Foundation begins adding treasury for DeFi onto Safe Protocol - World Liberty Financial processes over $889 million in transactions on Safe - Over $100 billion in assets stored - 53 million transactions executed - 20 million accounts deployed - 200+ ecosystem projects built on the Safe smart account standard
Safe continues to show robust growth and innovation, making a substantial impact on the blockchain industry. With future plans ahead, Safe remains a pivotal platform for digital asset management.
