What Safe Ecosystem Foundation does

Safe Ecosystem Foundation is a Swiss non-profit foundation (CHE-295.207.842), incorporated in Zug in March 2022 and supervised by the Federal Supervisory Authority for Foundations, that stewards the open-source Safe Smart Account protocol — programmable, multi-signature self-custodial wallets deployed across 300+ EVM networks. The protocol underpins 63M+ accounts securing over $60B in digital assets, and has processed $1T+ in cumulative transaction volume with core smart contracts that are open-source, formally verified twice, and audited 10+ times by independent firms. Safe's stack includes Safe Smart Accounts (the protocol), Safe{Core} (infrastructure components), Safe{Wallet} (the user-facing interface operated by independent licensees), SafeDAO (decentralized governance via the SAFE token), Safenet (a Beta-launched decentralized transaction security network with staking economics introduced in April 2026), Safe Ventures (a 25+ company investment arm), and two wholly-owned subsidiaries: Safe Labs GmbH (Berlin, for-profit, established 2025 for enterprise commercialization) and Hecate Ventures AG (established 2024 for treasury management). The Foundation monetizes at the protocol level via transaction fees, generating $10M+ in annualized 2025 revenue (a fivefold YoY increase from ~$2M) without token subsidies, while distribution runs through open-source self-deployment, 200+ ecosystem integrations (including Aave, Morpho, Polymarket, World, Fileverse), and a grants and hackathon program.

Name

Safe Ecosystem Foundation

Legal name

Safe Ecosystem Foundation

Website

https://safefoundation.org

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

11–50 employees

Short description

Safe Ecosystem Foundation is a Swiss non-profit that stewards the open-source Safe Smart Account protocol — programmable multi-signature wallets deployed across 300+ networks, securing 63M+ accounts and $60B+ in digital assets for institutions, DAOs, developers, and retail users.

Ownership category

akta.pro rank

Product category

Blockchain Smart Account Infrastructure

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)

SIC

Finance Services (6199)

akta.pro primary industry

Smart Contract Wallets / Account Abstraction (MPC/AA, social recovery, paymasters) (FSAPACAB)

akta.pro secondary industries

Account Abstraction & Smart Wallet Tooling (AA SDKs, paymasters, session keys) (FSAPABAK), Smart Contract Wallets & Account Abstraction (FSADACAF), Cross-Chain Wallet & Asset Routing Infrastructure (FSADACAJ), Authorization & Permissions (delegation, allowances, capability-based access, session keys) (FSAPACAJ)

Keywords

• Smart account infrastructure
• Self-custody wallets
• Multi-signature security
• Account abstraction protocols
• Blockchain security infrastructure

Headquarters

HQ city

Zug

HQ country

Switzerland

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Others

Revenue model

1. Protocol Revenue / Transaction Fees: The protocol generates revenue through transaction fees processed on the Safe smart account infrastructure. In 2025, annualized revenue exceeded $10 million, up fivefold from approximately $2 million at end of 2024 — achieved without token subsidies or incentive programs. The protocol processed $600 billion in transaction volume in 2025 alone.
2. Safenet Staking / Validator Economics: SAFE token holders can stake tokens to validators on Safenet and earn staking rewards for securing the network. Validators must stake a minimum of 3.5 million SAFE tokens. This represents the first live economic function for the SAFE token beyond governance.

Go-to-market motion3 records

Distribution channels5 records

Marketing channels10 records

Core offering

Safe Ecosystem Foundation stewards and develops the Safe smart account protocol — open-source, programmable, multi-signature self-custodial smart contract wallets deployed across 300+ EVM networks. The protocol underpins treasury management for institutional entities, self-custody for individual crypto users (including 30M+ World users), and serves as infrastructure for 200+ ecosystem applications in DeFi, wallets, and Web3 services. Complementary offerings include the Safenet decentralized transaction security network (beta), Safe{Wallet} web/mobile interfaces operated by independent partners, Safe{Core} developer infrastructure, and the SAFE governance token.

Product overview

Safe Ecosystem Foundation operates a platform-plus-ecosystem model centered on Safe Smart Accounts, the most widely deployed smart contract account infrastructure on Ethereum. The core offering is the Safe Smart Account protocol, a programmable, multi-signature self-custodial wallet standard deployed across 300+ EVM networks. Users interact with smart accounts via Safe{Wallet} (web/mobile interface operated by independent partners including Safe Labs GmbH). The Foundation stewards the SAFE token, which governs SafeDAO and secures the Safenet network (a decentralized transaction security protocol in beta). The broader ecosystem includes 200+ application-layer projects (DeFi protocols, wallets, infrastructure tools), the Safe Ventures investment arm, and subsidiary entities Safe Labs GmbH (enterprise commercialization) and Hecate Ventures AG (treasury management). The Foundation also maintains open-source developer tooling, a grants program, and a bug bounty program with rewards up to $1,000,000.

Differentiator

Problem solved

Functional benefit

Brands

• Safe Smart Accounts: Programmable digital accounts enabling multi-signature security for digital asset management on Ethereum and EVM networks.
• Safe{Wallet}
• Safe{Core}
• SafeDAO
• Safenet
• Safe Ventures
• Safe Labs

Products and services

• Safe Smart Accounts Programmable, multi-signature self-custodial smart contract wallets deployed across 300+ EVM networks. Secure over $60B in digital assets across 63M+ accounts. Core features include multi-sig security, passkeys, social logins, recovery, modularity, and open-source code that has been formally verified twice and subjected to 10+ independent audits.
• Safenet Decentralized transaction security network that enforces protocol-level security controls before Safe transactions execute, replacing centralized warning systems with cryptographic attestations verified onchain. Currently live in Beta (April 2026); introduces SAFE token staking where validators secure the network and delegators earn rewards.
• Safe{Wallet} Web browser interface and mobile application for managing Safe Smart Accounts. The Foundation does not directly operate instances; multiple independent operators exist under trademark license, with Safe Labs GmbH (a Foundation subsidiary) operating one instance. Partners obtain licenses from the Foundation to use the Safe{Wallet} name and logo.
• Safe{Core} Brand encompassing core infrastructure components and developer tools of the Safe ecosystem. The Foundation develops and publishes Safe{Core} technology as open-source software for builders integrating smart account functionality.
• SAFE Token Native ERC-20 governance and utility token (contract: eth:0x5aFE3855358E112B5647B952709E6165e1c1eEEe) with a fixed total supply of 1 billion. Used for SafeDAO governance participation and for staking/securing the Safenet network.

Quantifiable outcome

• Processed $600B in transaction volume in 2025 alone (43% of Safe's entire lifetime volume)
• +4 more outcomes

Named customers9 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability1 record

Feature7 records

Partnerships

Three partnerships are on record, tiered core.

• World FoundationcoreStrategic or Co-development Partner · 19 February 2026A five-year token swap partnership under Safe Foundation's 5M SAFE Ecosystem Alignment Program, creating bilateral economic exposure through SAFE and WLD tokens. World has onboarded over 37 million individuals to self-custody using the Safe smart account stack.
• CirclecoreStrategic or Co-development PartnerStrategic partnership for $2.5 billion in USDC treasury management using Safe smart account infrastructure. Circle leverages Safe's institutional-grade security for its corporate treasury operations.
• Ethereum FoundationcoreTechnology or IntegrationThe Ethereum Foundation migrated its $650 million treasury (160,000 ETH) to Safe Smart Accounts, demonstrating institutional confidence in Safe's security model for large-scale treasury management.

Scale indicators21 records

Recent moves9 records

Expansion highlights6 records

Broad incumbents

• Ledger Enterprise: Ledger Enterprise provides institutional-grade custody and treasury management leveraging hardware wallet security, overlapping with Safe's institutional self-custody value proposition. Ledger already integrates with Safe infrastructure, positioning them as adjacent rather than purely competitive.
• Fireblocks: Fireblocks is an institutional digital asset custody and operations platform that overlaps with Safe's institutional treasury use case (e.g., Circle, Ethereum Foundation-grade customers). Unlike Safe, it offers MPC-based custody and is positioned for regulated, centralized custody rather than self-custody.
• Coinbase Wallet (Smart Wallet): Coinbase Wallet's Smart Wallet is a multi-chain smart contract wallet with AA features, launched by a major centralized exchange. It competes for the same retail and developer wallet audience with the distribution advantage of Coinbase's brand.

Emerging players

• Privy: Privy provides embedded wallets and authentication infrastructure for Web3 apps, competing in the developer-facing wallet layer with Safe{Core} and AA tooling. It emphasizes consumer onboarding flows similar to Safe's passkey/social login features.
• Alchemy (Account Kit): Alchemy's Account Kit offers smart contract wallet infrastructure and AA tooling to developers, overlapping with Safe's product surface and bundler/paymaster ecosystem. As a broader Web3 infrastructure platform, Alchemy has distribution advantages over standalone AA providers.
• Thirdweb: Thirdweb provides developer tooling for Web3 including smart wallet infrastructure and account abstraction, with similar in-app wallet offerings to Safe. It competes for the same developer ecosystem building consumer-facing crypto apps.
• Pimlico: Pimlico is an ERC-4337 bundler and paymaster infrastructure provider that sits within the Safe ecosystem as a Safe Ventures portfolio company, but also serves competing AA stacks. It is comparable as part of the AA infrastructure layer where Safe operates.

Direct peers

• Biconomy: Biconomy provides account abstraction infrastructure including smart accounts, paymasters, and bundlers across EVM chains. It competes directly with Safe's AA tooling and developer-facing smart wallet stack.
• ZeroDev: ZeroDev builds a smart account and account abstraction SDK (Kernel) for EVM chains, directly competing with Safe in AA infrastructure. It targets the same developer segment with similar modular smart wallet tooling.
• Argent: Argent is a consumer-focused smart contract wallet on StarkNet and Ethereum with social recovery and AA features, directly comparable to Safe at the consumer self-custody layer. It targets similar retail DeFi users with mobile-first UX.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/safefndn
• LinkedInlinkedin.com/company/safe-ecosystem-foundation

Compliance9 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

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M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Safe Ecosystem Foundation