Safe Wallet Migration by Safe Labs
Safe Wallet, a decentralized smart account interface, will migrate to a new instance operated under Safe Labs on October 15, 2025. The migration promises a smooth user experience with a one-click migration process, ensuring continuity without major disruptions. Safe Labs is the company hosting this migration, which involves moving Safe Wallet users to an upgraded platform. Recent News In recent developments, Safe Labs took control of Safe Wallet to enhance governance and open monetization possibilities, asserting management over assets totaling around $100 billion. This strategic move aims to strengthen the governance model and improve user experience. No particular new partnerships or major feature announcements accompany this migration. Future Plans Safe Labs plans to solidify the Wallet's operation under its management, with intentions to link Safe Wallet operations directly with the broader Safe ecosystem and governance (SafeDAO). The migration is part of a bigger vision to integrate and improve the decentralized smart wallet infrastructure and governance. Onchain Data TVL: Approximately $100 billion managed under Safe Wallet (as per Safe Labs recent statements). Community Sentiment Generally positive to neutral, with the community acknowledging the smooth migration and governance enhancements. Users express trust in Safe Labs steering the project, though some remain cautiously observant. Sample reactions include: "One-click migration is smooth, happy with Safe Labs managing," "Looking forward to the improved governance," and "Hopefully no disruption in wallet functionalities." Risk Disclaimer As the migration involves technical backend changes with governance impact, there could be some short-term token price volatility post-migration. Users should ensure to follow official channels for migration instructions to avoid any asset security risks. Sources used https://x.com/safe/status/1977705918851878963 https://safe.global https://coinmarketcal.com/event/safe-wallet-migration-298142
Safe
October 15

