Safe and Chainlink Labs Establish Strategic Alliance To Support Account Abstraction Adoption and Ecosystem Security

We’re excited to announce that Safe has formed a strategic alliance with Chainlink Labs, the primary contributing developer of the industry-standard decentralized computing platform, Chainlink.

The alliance aims to grow the adoption of account abstraction and support the security of onchain ecosystems by helping to increase the adoption of Safe infrastructure with industry-standard Chainlink services.

How Safe Supports Smart Contract Ecosystem Security

Safe is at the forefront of modular smart account infrastructure, paving the way for developers to create various applications and wallets. Safe brings digital ownership of accounts to everyone by building universal and open contract standards for the custody of digital assets, data, identity, and other use cases.

Safe{Core} is Safe’s open-source and modular account abstraction stack. It's the essential tooling and infrastructure for integrating the Safe Smart Account into any digital platform, ensuring a tested core with flexible and secure capabilities for innovative applications.

The strategic alliance with Chainlink Labs aims to increase the adoption of account abstraction and helping to bolster security across the smart contract ecosystem. 

“Chainlink is well-known for its unrelenting focus on building resilient infrastructure that has established the platform as the industry standard for data, compute, and cross-chain connectivity. We’re excited to establish a strategic alliance with Chainlink Labs to grow the adoption of account abstraction and help create a more secure onchain ecosystem.”—Lukas Schor, Co-Founder at Safe  

Chainlink: Powering the verifiable web

Chainlink is the industry-standard decentralized computing platform powering the verifiable web. Chainlink has enabled over $10 trillion in transaction value by providing financial institutions, startups, and developers worldwide with access to real-world data, offchain computation, and secure cross-chain interoperability across any blockchain. Chainlink powers verifiable applications and high-integrity markets for banking, DeFi, global trade, gaming, and other major sectors. 

Chainlink Labs is the primary contributing developer of Chainlink, the leading technology platform for onchain data, cross-chain interoperability, and blockchain abstraction. The Chainlink platform enables financial institutions to develop customized, compliant, and future-proof blockchain applications and tokenized assets. Chainlink can power tokenized assets throughout their entire lifecycle, enriching them with real-world data (e.g., NAV, AML/KYC, proof of reserves), providing secure interoperability between any private or public blockchain to increase liquidity, and synchronizing asset data between blockchains and existing systems to maintain a unified golden record.

Together with Safe's universal ‘smart account' standard which is securing ~$100 Billion in assets today, the alliance is further establishing Safe as the Ownership layer to unlock digital ownership for everyone in web3 including DAOs, enterprises, retail and institutional users.