Digital asset management platform Safe, formerly known as Gnosis Safe, has just raised $100M in a strategic fundraising.
According to the company, the funding round has been led by 1kx crypto fund. Other participants include Tiger Global, A&T Capital, Blockchain Capital, Digital Currency Group, Greenfield One, Rockaway Blockchain Fund, ParaFi, Lightspeed, Polymorphic Capital, Superscrypt, a number of other companies and individual investors.
The company has said that it will use the funds to support the Safe Ecosystem Foundation, the non-profit organization behind the project.
The community voted in April to create a foundation and separate the platform from parent company Gnosis Ltd.
Per the statement:
“The goal of Safe is to create a dynamic ecosystem of applications and wallets using smart contract accounts. This will be achieved through grants, investments, and the provision of tools and infrastructure for developers.”