FeaturesNon-custodial crypto wallet Safe reports fivefold revenue jump in 2025, not yet at 'break-even' profitability
The Safe Ecosystem Foundation, overseeing the major non-custodial wallet platform, reported its project-wide annualized revenue surged fivefold to over $10 million in 2025 from about $2 million in 2024. Co-founder Lukas Schor highlighted its sustainable adoption, noting the network processed $600 billion in transaction volume last year, representing 43% of its lifetime total. While not yet profitable, the foundation aims to break even and double revenue in 2026, targeting $100 million in annual recurring revenue by 2030. The platform, used by entities like the Ethereum Foundation and Circle, saw 18.3 million new smart accounts deployed in 2025.