JUST IN: Ethereum Foundation Moves Entire $650M+ Treasury to Safe Multisig
The Ethereum Foundation has accomplished the migration of its full treasury, over 160,000 ETH price roughly $650 million to Safe{Wallet}, following months of profitable DeFi testing. Safe{Wallet}, operated by Safe Labs (a completely owned subsidiary of the Safe Foundation), is the crypto business’s trusted good account normal for multisig wallets, securing billions of {dollars} in belongings for establishments, DAOs, and initiatives.
The transfer follows the Foundation’s June 2025 treasury policy announcement, which dedicated to actively collaborating in Ethereum’s DeFi ecosystem. Since February, the EF had been testing Safe with a separate DeFi-focused account, dogfooding protocols together with Aave, Cowswap, and Morpho as a part of their technique to help functions constructed on Ethereum.
After testing a 3-of-5 multisig configuration on January twentieth, the Foundation has now consolidated its remaining ETH holdings into Safe, finishing the transition from their earlier custom-built multisig answer. This implementation permits the Ethereum Foundation to actively take part in DeFi by way of Safe whereas sustaining battle-tested safety requirements, marking one other step towards Safe’s imaginative and prescient of transferring the world’s GDP onchain by way of battle-tested self-custody infrastructure.
“Safe has proven safe and has a great user experience, and we will transfer more of our funds here over time,” the Ethereum Foundation introduced, indicating that is the start of a deeper dedication to the Safe good account normal.
Safe’s Momentum
The timing is notable: Safe has simply crossed 750 million transactions (751,062,286 as of today) with over 57.5 million Safes created throughout a number of chains. The protocol has emerged as crypto’s de facto normal for multisig wallets, securing billions in institutional and DAO treasuries. Safe additionally counts Ethereum co-founder Vitalik Buterin amongst its outstanding customers, who revealed in May 2024 that he stores over 90% of his personal crypto holdings in a Safe multisig pockets. Vitalik has used Safe since a minimum of 2024 for private safety, advocating for what he calls “decentralizing your personal safety.”
Beyond particular person customers, Safe has attracted main institutional adoption. Trump-backed World Liberty Financial has processed over $3.02 billion in transaction volume through the Safe smart accounts, onchain information reveals. Across this era, Liberty’s Safe accounts executed 347 transactions, reflecting constant institutional use even amid broader market shifts. The figures place Liberty as one of many largest institutional customers of Safe’s onchain infrastructure to date.
This rising sample of main establishments selecting Safe for treasury operations reinforces its place because the main safe infrastructure layer for digital belongings.
Safe’s Milestones:
- Ethereum Foundation: $650M+ treasury secured
- Trump-backed World Liberty Financial has processed over $3 Billion by way of Safe good accounts
- Over $65B+ in whole belongings saved
- 750M transactions executed
- 300+ networks supported
- 200+ ecosystem initiatives constructed on the Safe good account normal
- 57M accounts deployed
Part of Broader “DeFiPunk” Strategy
The migration displays the EF’s June 2025 treasury policy, which outlined plans to actively deploy treasury belongings into “battle-tested, immutable, audited, permissionless protocols” whereas sustaining a 2.5-year operational buffer. The coverage marked a shift from the Foundation’s traditionally conservative strategy, committing to each improve monetary sustainability and help key Ethereum functions.
The treasury coverage targets spending roughly 15% of treasury funds yearly, step by step decreasing to a sustainable 5% baseline over 5 years, whereas prioritizing safety, open-source rules, and monetary sovereignty aligned with what the Foundation calls “Defipunk” values.
The migration marks a robust alignment: Ethereum’s core steward now makes use of the identical infrastructure it helps, dogfooding the ecosystem it helps construct.
The put up JUST IN: Ethereum Foundation Moves Entire $650M+ Treasury to Safe Multisig appeared first on Metaverse Post.
