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Self-Custody Giant Safe Unveils Safe Labs: Names Rahul Rumalla CEO
Newly formed Safe Labs targets enterprise-grade growth and monetization. Safe Ecosystem Foundation has launched Safe Labs, a new commercial team focused on enterprise-grade self-custody infrastructure. Rahul Rumalla, previously Chief Product Officer at Safe, will serve as CEO to lead the next chapter of growth.
Safe is an onchain asset custody protocol, securing $100B+ in assets today.
Founding team
Christoph Simmchen
Co-Founder
Governance & Operations
Richard Meissner
Co-Founder
Safe{Core}
Lukas Schor
Co-Founder
Ecosystem & Marketing
Tobias Schubotz
Co-Founder
Safe{Wallet}
Backed by
Key milestones
March 2024
Safe hits $100B in TVL
February 2024
Safe Smart Accounts have executed over 30M transactions.
March 2023
Safe introduces the Safe{Core} modular account abstraction dev stack, alongside a refreshed Safe{Wallet}.
September 2022
SafeDAO is established and the Safe Token launched.
July 2022
Safe Ecosystem Foundation announces $100M in backing from strategic partners crosses $40 in assets secured.
May 2022
Independence! Safe Ecosystem Foundation is established as the operations organisation, and Core Contributors GmbH as the development company of Safe.
February 2022
GnosisDAO proposal to spin out the Safe project (GIP29) is accepted, with the highest voter turnout to label.
May 2021
Vitalik Buterin, founder of Ethereum, moves 1.3B in assets to his personal Safe.
August 2020
Safe hits TVL of more than 1B USD in ETH and ERC20 assets.
July 2018
Answering to market demand, Gnosis builds and releases a new smart account protocol called “Safe”, with gas-efficiency, modularity, and security at its core.
September 2017
Gnosis open-sources its internal multi-signature wallet called “Gnosis Multi-Sig Wallet”.
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