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Safe Ecosystem Foundation has launched Safe Labs, a new subsidiary focused on enterprise-grade self-custody solutions for Web3. Led by Rahul Rumalla, the initiative aims to transform Safe Smart Accounts into a robust platform for institutional digital asset management.
- Safe Labs will focus on enterprise-grade self-custody solutions, targeting institutional Web3 applications.
- Rahul Rumalla, with 15+ years in Web3 and product leadership, has been appointed CEO of Safe Labs.
- Safe has processed $1 trillion in volume and facilitates nearly 2% of all Ethereum transactions as of May 2025.
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