Safe
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Safe is a smart contract wallet platform on Ethereum and other networks offering multisignature accounts with distributed access control, spending limits, role-based access, transaction simulation, and account recovery. It serves crypto teams and individuals managing treasuries and on-chain operations, using audited smart contracts and modular account abstraction infrastructure.
Also known as Gnosis Safe · Safe · Safe{Wallet}
Investors · 17
Company profile
researched Aug 2026Safe (Safe{Wallet}) is a self-custody smart contract wallet platform that provides multisignature security, programmable access control and treasury management across multiple blockchains. Rather than relying on a single private key or an offchain MPC service, Safe uses onchain smart contracts to distribute signing authority among multiple owners, with threshold-based approval rules enforced on-chain. Product features described on the company site include multisignature accounts, daily spending limits, approval thresholds and role-based access, transaction scanning and simulation, a transaction builder that bundles complex operations into a single signing step, multichain treasury tracking with team collaboration, and trustless recovery via a nominated guardian. A security layer marketed as Safe Shield adds transaction guards, transaction insights and a security hub. Mobile applications for iOS and Android allow users to receive notifications and sign transactions.
The platform positions itself as infrastructure for DAOs, foundations, protocols, teams and individual power users managing digital assets without centralized custody. Safe states its contracts are formally verified, open source and independently auditable. According to The Block, Safe was originally called Gnosis Safe and is governed in part through the Safe Ecosystem Foundation; Richard Meissner is identified as a co-founder.
Business model
Safe provides smart account/wallet infrastructure used by organizations and individuals for self-custody and treasury operations. Its own comparison table contrasts Safe's pricing of "0 AUM fees" with MPC providers' subscription plus usage costs and hardware wallets' one-time device cost; the sources do not otherwise describe how Safe generates revenue.
Traction
Company-reported metrics include over $1 trillion in total value processed, more than 57 million wallets deployed, over $60 billion in total value secured and more than 200 integrated applications. Third-party data cited by The Block in April 2024 put value held in Safe wallets at approximately $96 billion. Users referenced include the Ethereum Foundation, World Foundation, Morpho and other protocol teams.
Latest developments
The most recent development documented in the sources is the April 2024 acquisition of Multis, framed by co-founder Richard Meissner as a response to demand from emerging Layer 2 ecosystems and a step toward simplifying cross-network asset management. The current company website promotes the Safe Shield security layer, mobile signing apps and an ecosystem of over 200 integrated applications.
▸Full profile — market position, technology, go-to-market, history
Market position
Safe describes itself as the leading smart account infrastructure for self-custody and onchain treasury management and cites $1 trillion or more in processed volume, 57 million or more deployed wallets and over $60 billion in value secured. Independent coverage from The Block in April 2024 described Safe as a crypto wallet infrastructure provider whose wallets held around $96 billion in value. A published testimonial from Polygon co-founder Sandeep Nailwal calls Safe "the backbone of the crypto industry."
Safe contrasts its onchain, transparent N-of-M signing, open-source contracts and portable, user-owned signer sets against MPC providers (offchain signing, vendor dependence and lock-in, subscription and usage costs) and hardware wallets (single-signer risk, loss of device meaning loss of access, limited automation). It emphasizes no assets-under-management fees, formally verified contracts, modularity and programmability, and guardian-based trustless recovery.
Technology
Onchain smart contract accounts on Ethereum and other networks implementing N-of-M threshold signing, with modular and programmable extensions such as guards and modules, spending limits, role-based permissions, transaction batching, risk scanning and simulation, and guardian-based recovery. The company describes its contracts as formally verified, extensively audited and open source, and its accounts as fully portable rather than vendor-locked.
Go-to-market
Safe markets directly through its website and app, publishes customer testimonials from crypto organizations, and distributes mobile apps on iOS and Android. It cultivates an ecosystem of more than 200 integrated applications and developer-facing "Build on Safe" resources, and cites a strategic alliance with Chainlink on account abstraction infrastructure. Growth has also come through acquisition, such as the purchase of treasury management platform Multis, whose leadership joined the Safe Ecosystem Foundation.
DAOs, foundations, protocols, blockchain and fintech organizations, treasury operators and teams, as well as individual crypto power users managing self-custodied assets. Named users cited in the sources include the World Foundation/Worldcoin, the Ethereum Foundation, Morpho, Polygon-affiliated figures and 6529.io.
History
Safe was originally called Gnosis Safe before rebranding to Safe. In April 2024 it acquired Sequoia-backed crypto treasury management platform Multis for an undisclosed sum, bringing Multis's technology and senior leadership into the Safe Ecosystem Foundation, with former Multis CEO Thibaut Sahaghian joining as Network Abstraction Lead focused on cross-network user experience.
Compiled by commissioned research from 5 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Timeline · 1
launches, deals, and filingsSafe acquired Sequoia-backed crypto treasury management platform Multis for an undisclosed sum. The deal brought Multis's technology and senior leadership into the Safe Ecosystem Foundation, with former Multis CEO Thibaut Sahaghian becoming a core contributor as Network Abstraction Lead. Multis provided a single dashboard for payments and accounting for companies and DAOs and claimed more than 100 projects using its platform, including Axie Infinity, Audius and Connext.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
▸Research sources · 5
primary sources listed
- Safe Decentralized infra Seedsafe.global · web
5 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Safe do?
- Safe{Wallet} is a self-custody smart contract wallet and multisig infrastructure for onchain treasury management.
- Who are Safe's investors?
- Safe's investors include BitDAO, Blockchain Capital, Bollinger Investment Group, Coinbase Ventures, Collider Ventures, Fenbushi Capital, IOSG Ventures, LongHash Ventures and 9 more.