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Cryptocurrency News Articles

Trump-backed World Liberty Financial Processes Over $889 Million On ‘Safe Protocol’ Institutional Account

Jan 21, 2025 at 05:44 pm

Safe smart account infrastructure has executed 84 Safe Multi-sig transactions processing over $889M in volume through their institutional wallet.

Trump-backed World Liberty Financial Processes Over $889 Million On ‘Safe Protocol’ Institutional Account

Trump-backed World Liberty Financial is now processing over $889 million on ‘Safe Protocol’ institutional account.

Safe smart account infrastructure has now executed 84 Safe Multi-sig transactions valued at over $889M in volume through their institutional wallet. This growing pattern of major institutions choosing Safe for treasury operations further cements Safe’s position as the leading secure infrastructure layer for digital assets.

This follows the recent news this week that The Ethereum Foundation has begun migrating its treasury operations to Safe Protocols RWA Smart Account , deploying a new 3-of-5 multisig wallet to manage 50,000 ETH (Approximately $160M) for DeFi support purposes.

This implementation enables the Ethereum Foundation to actively participate in DeFi via Safe Protocol while maintaining institutional-grade security standards, marking another step toward Safe’s vision of moving the worlds GDP Onchain

The Future of Safe

Safe’s momentum continues to build with over $100B in assets and currently secures 6.8% of all USDC. This growth is accelerating across both traditional web3 assets and the rapidly expanding sectors of stablecoins and Real World Assets (RWAs), where transaction volumes and TVL have seen remarkable growth in 2024.

In the RWA space, Safe recently introduced Safenet, a transaction processing network offering significant revenue-sharing opportunities. This network integrates specialized co-processors to handle both on- and off-chain inputs from AI, RWA, DeFi, PayFi, DEXs, and beyond.

Safe’s Milestones:

Processing over $2 Trillion in total transaction volume across 13 chains

Securing over $100 Billion in digital assets

Powering over 10K DAOs and multi-sig wallets

Enabling over 250K NFT mints

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Other articles published on Jan 21, 2025