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Smart Accounts’ Acquisition of Crypto Business Wallet Multis Successfully Completed by Safe

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Apr 18, 2024

On April 18, Safe, a provider of blockchain smart accounts, announced that they had welcomed the senior leadership team of Multis to the Safe Ecosystem Foundation and completed the strategic acquisition of the Multis source code. Thibaut Sahaghian, the former CEO of Multis, will be taking on the role of network abstraction lead within the Safe ecosystem. The Safe and former Multis team will be working together to solve the complexities of cross-chain interaction through network abstraction, with the goal of making it easier for users to manage assets across different blockchain networks.

Multis, a provider of crypto business wallets, offers a unique solution for managing digital assets.

On the same day, Ordz Games revealed that their new GameFi-meets-DePIN handheld device, called “BitBoy One,” had successfully sold out its first 1,000 units within two minutes during a public sale. The device was launched in Paris, Hong Kong, and Dubai and was featured in Protocol Village on April 7. Protocol Village is a regular feature of The Protocol, a weekly newsletter that delves into the technology behind crypto. Project teams can submit updates for future editions of Protocol Village.

For previous versions of Protocol Village, readers can visit the website. Additionally, listeners can check out the weekly The Protocol podcast for more insights into the world of cryptocurrency technology. Sign up to receive The Protocol newsletter in your inbox every Wednesday.

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