The Good Tech Companies - JUST IN: Ethereum Foundation Moves Entire $650M+ Treasury To Safe Multisig

Episode Date: October 22, 2025

This story was originally published on HackerNoon at: https://hackernoon.com/just-in-ethereum-foundation-moves-entire-$650m-treasury-to-safe-multisig. EF completes full treasury migration to Safe smart accounts, joining Vitalik Buterin as key Safe user + Safe smart accounts cross 750M transactions milestone.   Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #web3, #ethereum-foundation, #btcwire, #press-release, #ethereum-blockchain, #blockchain-development, #safe, #good-company, and more. This story was written by: @btcwire. Learn more about this writer by checking @btcwire's about page, and for more stories, please visit hackernoon.com. The Foundation has completed the migration of its full treasury, over 160,000 ETH worth approximately $650 million to Safe. Safe is the crypto industry's trusted smart account standard for multisig wallets, securing billions of dollars in assets for institutions, DAOs, and projects. Trump-backed World Liberty Financial has processed over $3.02 billion in transaction volume through Safe.

This audio is presented by Hacker Noon, where anyone can learn anything about any technology. Just in, Ethereum Foundation moves entire $650 million plus treasury to save multisig. BYBTC Wire The Ethereum Foundation has completed the migration of its full treasury, over 160,000 worth approximately $650 million to safe wallet, following months of successful defy testing. Safe Wallet, operated by Safe Labs, a full full. owned subsidiary of the SAFE Foundation is the crypto industry's trusted smart account standard for multi-sig wallets, securing billions of dollars in assets for institutions, DAOs, and

projects. The move follows the Foundation's June 2025 Treasury Policy announcement, which committed to actively participating in Ethereum's Defy ecosystem. Since February, the EF had been testing SAFE with a separate Defi-focused account, dog-fooding protocols including Ave, Cowswap, and Morpho as part of their strategy to support applications built on Ethereum. After testing a 3 of 5 multi-sig configuration on January 20th, the foundation has now consolidated its remaining Edth Holdings into SAFE, completing the transition from their previous custom-built multi-sig solution. This implementation enables the Ethereum Foundation to actively participate in Defivia

SAFE while maintaining battle-tested security standards, marking another step toward SAFE's vision of moving the world's GDP on chain through 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 announced, indicating thesis the beginning of a deeper commitment to the SAFE smart account standard. SAFE's momentum the timing is notable. SAFE has just crossed 750 million transactions, 751,062,286 as of today, with over 57.5 million safes created across multiple chains. The protocol has emerged as crypto's de facto standard for multi-sig wallets, securing billions

in institutional and Dow treasuries. SAFE also counts Ethereum co-founder Vitalik Boutarin among its prominent users, who revealed in May 2024 that he stores over 90% of his personal crypto holdings in a safe multi-sig wallet. Vitalik has used SAFE since at least 2024 for personal security, advocating for what he calls, decentralizing your own security, beyond individual users, SAFE has attracted major institutional adoption. Trump-backed World Liberty Financial has processed over $3.02 billion in transaction volume through the SAFE smart accounts, on-chain data shows. Across this period, Liberty's SAFE accounts executed 347 transactions,

reflecting consistent institutional use even amid broader market shifts. The figures position Liberty as one of the largest institutional users of SAF's on-chain infrastructure to date. This growing pattern of major institutions choosing SAFE for Treasury operations reinforces its position as the leading secure infrastructure layer for digital assets. SAFES milestones. Ethereum Foundation, $650 million plus treasury secured. Trump-backed World Liberty Financial has processed over $3 billion via SAFE smart accounts.

Over $65 billion plus in total assets stored, 750M transactions executed, 300 plus net, Networks supported, 200 plus ecosystem projects built on the Safe Smart Accounts standard. 57M accounts deployed. Part of broader DefiPunk strategy the migration reflects the EF's June 2025 Treasury policy, which outlined Plansa actively deploy treasury assets into battle-tested, immutable, audited, permissionless protocols, while maintaining a 2.5-year operational buffer. The policy marked a shift from the Foundation's historically conservative approach, committing to both enhance financial sustainability and support key Ethereum applications.

The Treasury policy targets spending approximately 15% of Treasury funds annually, gradually reducing to a sustainable 5% baseline over five years, while prioritizing security, open source principles, and financial sovereignty aligned with what the foundation calls defypunk values. The migration marks a powerful alignment. Ethereum's core steward now uses the same infrastructure it supports, dog-fooding the ecosystem it helps build. This story was published as a press release by BTC Wire under Hackernoon Business Blogging Program. Do your own research before making any

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