Safe Shifts Focus to Self-Custody Security, Open Sources Safenet

馃攼 Safenet Goes Open Source

By Safe
Jul 3, 2025, 4:07 PM
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Safe announces a strategic pivot, pausing development on unified balances and chain abstraction to concentrate on improving self-custody security fundamentals.​

The team identified that users face excessive burdens in managing self-custody, including:

  • Transaction verification
  • Counterparty checks
  • Policy management

To support continued development, Safe is open-sourcing the entire Safenet codebase under GPL license.​

Resources:

Developers are invited to fork and contribute to the project while Safe focuses on strengthening security foundations.​

Sources

Safenet update: We're pausing development on unified balances & chain abstraction to focus our resources on moving security of self-custody forward. The current burden on users for self-custody security is too high. Users handle transaction verification, counterparty checks, and

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