NEWS

Safe Launches Safe Labs for Enterprise Web3

Safe expands its reach with Safe Labs, a new commercial subsidiary dedicated to providing enterprise-grade Web3 self-custody solutions. This strategic move aims to integrate digital asset management into the operational fabric of businesses, led by newly appointed CEO Rahul Rumalla.

By
LNGFRM Team
Published June 6, 2025
Newspaper with 'NEWS' headline and a blue rocket launching from the top. Black connected shapes form a network above, against a pink background.
Illustration by Addison Smith for LNGFRM

The news from Zug, Switzerland, and Berlin, Germany, heralds a significant strategic pivot for Safe, the colossus of self-custody in the Web3 space.

The announcement of Safe Labs, a new, wholly-owned commercial subsidiary, under the leadership of newly appointed CEO Rahul Rumalla, isn’t merely a corporate restructuring; it’s a profound statement about the evolving frontier of digital asset management.

This move signals a deliberate, ambitious push into the enterprise realm, aiming to transform Safe Smart Accounts into the bedrock for businesses navigating the complexities of decentralized finance and digital ownership.

For years, Web3 has been synonymous with individual empowerment, often celebrated for its disruptive potential against traditional financial gatekeepers.

Yet, as the ecosystem matures, the glaring need for robust, scalable, and compliant solutions for institutional players has become undeniable.

Safe Labs steps directly into this void, promising “enterprise-grade self-custodial solutions” that span from sophisticated wallet-as-a-service infrastructure to deeply integrated workflows.

The vision is clear: empower large organizations, institutional Web3 application builders, and entities requiring high-assurance digital asset management to leverage Safe’s foundational technology.

This isn’t about speculative trading; it’s about embedding digital sovereignty into the very operational fabric of businesses.

At the helm of this ambitious undertaking is Rahul Rumalla, a figure whose trajectory aligns perfectly with Safe Labs’ mission.

Previously Chief Product Officer at the Safe development studio Core Contributors, Rumalla brings a formidable resume that includes founding Web3 companies Paperchain and Otterspace, alongside a stint as Director of Engineering & Product at SoundCloud.

His 15 years of leadership experience in product and engineering strategy position him uniquely to bridge the chasm between cutting-edge decentralized technology and the stringent demands of the corporate world.

Rumalla’s own declaration sets a high bar: “Ethereum will host trillion-dollar economies powered by Safe. We achieve this by delivering enterprise-grade products that remain accessible to everyone. This is our challenge, our vision, and our ambition.”

It’s a bold assertion, but one grounded in a pragmatic understanding of the path to mainstream adoption.

Lukas Schor, co-founder of the Safe project and president of the Safe Ecosystem Foundation, echoed this sentiment, emphasizing the philosophical underpinning of the venture.

“The future of Web3 depends on giving users absolute confidence in their digital sovereignty,” Schor stated.

His endorsement of Rumalla highlights a shared commitment to embedding “enterprise-grade compliance and security into every layer of Safe technology,” ultimately forging “a new era of effortless, unassailable self-custody.”

This isn’t just about security; it’s about building trust and predictability in a space often perceived as volatile.

The move to make self-custody “effortless” for institutions is particularly insightful, acknowledging that complexity remains a significant barrier to entry for many traditional enterprises.

This strategic evolution arrives on the heels of Safe achieving truly staggering growth milestones, underscoring its established dominance and the sheer scale of assets it already secures.

The protocol recently surpassed an astounding $1 trillion in total volume processed (TVP), a figure that places it firmly among the titans of global finance.

Furthermore, as of May 2025, Safe facilitates nearly 2% of all Ethereum transactions, a testament to its pervasive integration within the blockchain’s core economic activity.

The explosion of Safe{Wallet} on Layer 2 solutions like Base and Arbitrum, accounting for over $10 billion in monthly transaction volume from these networks alone, paints a picture of a technology not just surviving, but thriving and expanding its footprint across the multi-chain landscape.

Currently securing approximately $60 billion in assets, Safe, originally Gnosis Safe, has long been a quiet giant in the onchain asset custody arena.

At its core, Safe operates as an open-source software stack, championed by the Safe Ecosystem Foundation, which is dedicated to establishing a universal ‘smart account standard’ for the secure custody of digital assets, data, and identity.

Its overarching mission – to unlock digital ownership for everyone, from DAOs and enterprises to retail and institutional users – is now being amplified through Safe Labs’ specialized focus.

This isn’t a mere technological upgrade; it’s a redefinition of how large-scale digital value is managed, secured, and interacted with in a decentralized world.

The move suggests a future where the complexities of blockchain interaction are abstracted away for businesses, allowing them to focus on their core operations while benefiting from the transparency and immutability of distributed ledgers.

The formation of Safe Labs represents a pivotal moment for Web3, signaling a clear shift from nascent experimentation to serious, enterprise-scale utility.

It acknowledges that for Web3 to truly host “trillion-dollar economies,” it must shed its perceived capriciousness and embrace the rigor, compliance, and user experience demands of the corporate world.

This isn’t just about building better wallets; it’s about constructing the foundational trust layer for a new digital economy.

The challenge lies in balancing the decentralized ethos with centralized enterprise requirements – a tightrope walk that Safe, with its proven track record and now, its dedicated enterprise arm, seems uniquely positioned to navigate.

If successful, Safe Labs could well be the blueprint for how the digital frontier seamlessly integrates with the established world, ushering in an era where digital ownership isn’t just a concept, but a fully operational, secure, and intuitive reality for every enterprise.

The journey towards truly unassailable digital asset management has just entered a new, highly ambitious phase.

Author

  • LNGFRM Team

    Frank DiBernardo handles LNGFRM's Foodie and Miscellaneous writing tasks. He's always getting ideas from users, so don't be afraid to send an email to the editor.

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