Safe smart account infrastructure has executed 84 Safe Multi-sig transactions processing over $889M in volume through their institutional wallet. This growing pattern of major institutions choosing Safe for treasury operations reinforces its position as the leading secure infrastructure layer for digital assets. This comes with the recent news this week that The Ethereum Foundation has begun migrating its treasury operations to Safe Protocols RWA Smart Account, implementing a new 3-of-5 multisig wallet for managing 50,000 ETH (Approximately $160M) for DeFi support purposes.
This implementation enables the Ethereum Foundation to actively participate in DeFi via Safe Protocol while maintaining institutional-grade security standards, marking another step toward Safe’s vision of moving the worlds GDP Onchain
The Future of Safe
Safe’s momentum continues to build with over $100B in assets and currently secures 6.8% of all USDC. This growth is accelerating across both traditional web3 assets and the rapidly expanding sectors of stablecoins and Real World Assets (RWAs), where transaction volumes and TVL have seen remarkable growth in 2024.
In the RWA space, Safe recently introduced Safenet, a transaction processing network offering significant revenue-sharing opportunities. This network integrates specialized co-processors to handle both on- and off-chain inputs from AI, RWA, DeFi, PayFi, DEXs, and beyond.
Safe’s Milestones:
- Ethereum Foundation begins adding treasury for DeFi onto Safe Protocol
- World Liberty Financial processes over $889 Million in transaction volume on Safe institutional wallet
- Over $100B in total assets stored
- 53M transactions executed
- 20M accounts deployed
- 200+ ecosystem projects built on the Safe smart account standard
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Onose Enaholo