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Gnosis Safe Rebrands as Safe, Raises $100M
The platform renamed itself Safe following its community vote to separate from Ethereum infrastructure builder Gnosis.
Updated May 11, 2023, 5:36 p.m. Published Jul 12, 2022, 1:00 p.m.
Digital asset management platform Gnosis Safe has raised $100 million from investors including 1kx, Coinbase Ventures, Tiger Global, Lightspeed and Digital Currency Group (CoinDesk's parent company).
- Gnosis Safe rebranded itself as Safe following a community vote to split off from Ethereum infrastructure builder Gnosis.
- Safe's aim is to provide custody for Web3 applications through its platform, which offers management of digital assets, data and identity for retail and institutional investors.
- It employs smart contracts to provide recovery mechanisms and authentications using multiple private keys. This is meant to address the risk of complete loss of assets should a private key be lost, which may be inhibiting Web3 adoption.
- The company has secured digital assets worth $40 billion, having built the infrastructure for the treasuries of decentralized autonomous organization (DAO) 1inch, crypto exchange Bitfinex and e-commerce platform Shopify.
- The funds raised are for the Safe Ecosystem Foundation, the organization that will oversee the ecosystem of applications and wallets using Safe's smart-contract accounts, providing grants and investments as well as tools and infrastructure.
Read more: Fireblocks Deploys ‘Web3 Engine’ for Firms Eyeing GameFi, NFTs
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What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
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French Banking Giant BPCE to Roll Out Crypto Trading for 2M Retail Clients
The service will allow customers to buy and sell BTC, ETH, SOL, and USDC through a separate digital asset account managed by Hexarq.
What to know:
- French banking group BPCE will start offering crypto trading services to 2 million retail customers through its Banque Populaire and Caisse d’Épargne apps, with plans to expand to 12 million customers by 2026.
- The service will allow customers to buy and sell BTC, ETH, SOL, and USDC through a separate digital asset account managed by Hexarq, with a €2.99 monthly fee and 1.5% transaction commission.
- The move follows similar initiatives by other European banks, such as BBVA, Santander, and Raiffeisen Bank, which have already started offering crypto trading services to their customers.
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