US EditionSelf-Custody Giant Safe Unveils Safe Labs: Names Rahul Rumalla CEO
- Safe Ecosystem Foundation launched Safe Labs on June 5th, 2025, a fully-owned subsidiary focused on enterprise-grade self-custodial solutions.
- This launch came after Safe achieved major growth milestones, handling over $1 trillion in cumulative transaction volume and accounting for close to 2% of all Ethereum transactions by May 2025.
- Safe Labs, led by newly appointed CEO Rahul Rumalla, builds modular smart contract wallets to improve digital asset management for institutional clients.
- Lukas Schor stated, "enterprise-grade, secure, and intuitive by design," while Rumalla called it "our challenge, our vision, and our ambition."
- The creation of Safe Labs aims to enhance security and usability in self-custody and support institutional Web3 with improved transaction control and compliance.
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World News
Self-Custody Giant Safe Unveils Safe Labs: Names Rahul Rumalla CEO
Newly formed Safe Labs targets enterprise-grade growth and monetization. Zug, Switzerland / Berlin, Germany – 5TH June 2025 – Safe Ecosystem Foundation today announced the
Safe reveals new unit to create crypto business wallets! Innovation in cryptocurrencies does not stop, and Safe, formerly known as Gnosis Safe, takes another step by announcing the creation of a new unit dedicated to developing crypto-business wallets. In this exciting announcement, Safe introduces an advanced self-management solution for businesses, using sophisticated smart contract technology. This initiative is aimed at revolutionizing the w…
Self-Custody Giant Safe Unveils Safe Labs: Names Rahul Rumalla CEO
Safe Ecosystem Foundation today announced the formation of Safe Labs, a commercial, fully-owned subsidiary dedicated to building enterprise-grade self-custodial solutions. Rahul Rumalla, previously Chief Product Officer at the Safe development studio Core Contributors, has been appointed CEO to drive the Safe Lab’s strategic growth. This strategic evolution enables Safe Labs to focus on transforming Safe Smart Accounts into an enterprise-grade …
Safe Launches Safe Labs to Advance Enterprise-Grade Smart Contract Wallet Solutions
Safe Labs: Empowering Institutions with Smart Contract Wallets Safe, formerly known as Gnosis Safe, has unveiled Safe Labs, a new subsidiary dedicated to advancing enterprise-grade self-custody solutions. This initiative focuses on developing modular smart contract wallets using Safe’s Smart Accounts system, aiming to provide institutions with secure and scalable tools to manage on-chain assets. The move addresses the growing demand for robust d…
Safe Unveils Safe Labs Subsidiary to Advance Smart Contract Wallet Tech - Crypto Economy
TL;DR Safe launches Labs, a new division focused on developing enterprise-grade self-custody solutions based on its Smart Accounts system. The company manages $60 billion in assets and processes 4% of all Ethereum transactions, with strong institutional adoption. One of its main goals is to reduce reliance on blind signing, a practice that exposes companies to critical risks when handling complex transactions. Safe, the firm specializing in sel…
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