The secured smart account framework has completed 84 Safe Multi-sig transactions, facilitating over $889M in volume through their institutional wallet. This ongoing trend of prominent corporations opting for Safe in their treasury functions strengthens its status as the premier secure infrastructure layer for digital assets. This follows the recent announcement this week that The Ethereum Foundation has initiated the transition of its treasury operations to Safe Protocols RWA Smart Account, deploying a new 3-of-5 multisig wallet to manage 50,000 ETH (Approximately $160M) to support DeFi initiatives.
Such a deployment allows the Ethereum Foundation to engage actively in DeFi via Safe Protocol while upholding institutional-grade security standards, representing another advancement toward Safe’s goal of shifting the world’s GDP Onchain.
The Future of Safe
Safe’s momentum is on the rise, with over $100B in assets and currently securing 6.8% of all USDC. This expansion is picking up speed across both conventional web3 assets and the rapidly growing domains of stablecoins and Real World Assets (RWAs), where transaction volumes and total value locked (TVL) have experienced impressive escalation in 2024.
In the RWA domain, Safe has recently launched Safenet, a transaction processing network providing significant revenue-sharing potentials. This network incorporates specialized co-processors to manage both on- and off-chain inputs from AI, RWA, DeFi, PayFi, DEXs, and more.
Safe’s Milestones:
The Ethereum Foundation starts integrating treasury for DeFi onto Safe Protocol
World Liberty Financial handles over $889 Million in transaction volume via Safe institutional wallet
Above $100B in total assets retained
53M transactions performed
20M accounts established
200+ ecosystem initiatives developed on the Safe smart account standard
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