Crypto wallet infrastructure provider Safe acquired Sequoia-backed crypto treasury management platform Multis. 

The acquisition brings Multis’s technology and its senior leadership team into the Safe Ecosystem Foundation. Former Multis CEO Thibaut Sahaghian is becoming a core contributor within the Safe ecosystem, as Network Abstraction Lead.

“The demand for Safe’s services is skyrocketing, particularly from emerging [Layer 2] ecosystems seeking robust infrastructure support to help users manage their digital assets. As we expand, simplifying the cross-network experience becomes crucial,” said Richard Meissner, co-founder of Safe.

Multis aims to help projects — including companies and DAOs — manage their treasuries by providing a single dashboard for making payments and …