Safe has acquired Sequoia-backed cryptocurrency vault management platform Multis

According to The Block, cryptocurrency wallet infrastructure provider Safe has acquired Multis, a cryptocurrency custodial management platform supported by Sequoia Capital. It is reported that this acquisition will bring Multis' technology and its senior leadership team into the Safe ecosystem foundation. Thibaut Sahaghian, former CEO of Multis, is becoming a core contributor in the Safe ecosystem, serving as the head of network abstraction.