Safe (formerly Gnosis Safe) is a smart-contract account platform that replaces single-key private key ownership with configurable smart contract accounts. Its feature set includes multi-signature authentication, DAO/community control, recovery and inheritance mechanisms, transaction batching and gas abstraction, transaction checks and hybrid custody, and spending limits and automation. The product has processed north of 600,000 transactions and secures digital assets exceeding $40 billion; 13% of all Cryptopunks NFTs are secured using Safe. Following a community vote to spin Safe off from Gnosis, the project will support a non-profit Safe Ecosystem Foundation and continue product development. Co-founder Lukas Schor framed Safe as a public-good, use-case agnostic primitive for web3 custody, targeting broader adoption by overcoming private-key limitations.

Total raised

$100M

Funding rounds

1

Latest round

Equity

Latest activity

Jul 2022