Treasury moving value onchain face a binary decision about how risk is managed at execution.

There are only two realities for onchain treasuries:

1. Ad-hoc custody: Single-signer wallets, informal approval flows, chat-based sign-offs, screenshots, and custodial exchange accounts. In other words, avoidable operational and governance risk.

2. Multisig: Enforced authority, enforced approvals, and auditable execution. Standardising enables scalable, defensible operations.

As onchain exposure grows, neutrality disappears. For enterprises moving value onchain, multisig is no longer optional; it is the baseline, because everything else fails under scrutiny.

Onchain treasuries are structurally different.

Onchain treasuries don’t behave like bank accounts with a blockchain interface. They operate under fundamentally different constraints and fail in distinct ways.

Three properties define them:

1. Irreversibility: Once value moves, it is final. There is no administrator rollback, no recovery desk, no appeal process.

2. Speed: Transactions execute in minutes or seconds. There is no overnight window, no manual pause or reconciliation buffer. Decision-making and execution collapse into a single moment.

3. Composability: Treasury actions extend far beyond transfers. They interact with protocols, contracts, bridges, automated strategies, and counterparties, often within one transaction.

Good intentions are not enough.

Most enterprises begin with reasonable internal norms.

“We only move funds after approval.”“We document decisions internally.”“Everyone knows who is authorised.”

But these are not enough. These norms depend on memory, discipline, and trust. They fail precisely when organisations scale, urgency increases, or people change roles. 

For this reason, a multisig used as an enterprise treasury system must answer harder questions by design:

• Who can initiate transactions?

• Who can approve them?

• Under what conditions?

• With which thresholds?

• What happens when circumstances change? 

• How can this be proven later?

What matters is that the system enforces these rules at execution time. Not policy documents, chat threads, or best intentions.

If the system allows a transaction to execute, the system has already approved it. If approval exists only outside the system, it does not exist where risk materialises.

Multisig is the foundation for enterprise treasury control.

Safe multisig addresses the above questions by distributing authority and reducing key-person risk.

That makes it foundational for enterprise treasury management. 

Treasury operations move faster and interact with more counterparties than traditional finance systems. A Safe multisig allows organisations to:

• onboard and rotate signers safely,

• delegate authority without losing control,

• apply consistent rules across entities,

• respond to incidents without improvisation,

• demonstrate compliance without reconstruction.

Anything less scales risk alongside growth.

The inevitable conclusion

Onchain treasuries can no longer be experimental. They form part of an enterprise’s operational infrastructure. As the value they manage increases, tolerance for ambiguity disappears. Enterprises will be expected to show not what they intended to do, but what their systems allowed them to do in practice, with provable controls assumed as a baseline rather than an aspiration.

Multisig is not an innovation but a minimum standard. At the point of execution, there is no room for ambiguity. Authority is either shared and enforced, or it is assumed. Enterprises already operate on one side of this line – whether they acknowledge it or not.

Safe{Wallet}

23 January 2026

Copy link