"SafePal (SFP) Hits 20M Users, Targets Super Hub as DeFi and CeFi Wallets Unite"

# SafePal's Vision: Revolutionizing Digital Asset Security with Self-Custody SafePal (SFP), founded in 2018, is a cryptocurrency wallet platform dedicated to championing "self-custody" for the future of digital assets. Co-founder and CEO Veronica Wong affirmed in an interview with Block Media, “We aimed to address the compromises users face with wallet choices regarding security, pricing, or blockchain support.” SafePal has transformed into a comprehensive wallet solution, integrating air-gapped hardware wallets, mobile/browser wallets, and a Telegram Mini Wallet, serving over 20 million users globally. # Cutting-Edge Security: EAL 6+ Certification for Hardware Wallets Recently, SafePal’s hardware wallet earned the CC EAL 6+ security certification, which surpasses the EAL 4+ and 5+ levels typical of payment cards. This provides enhanced protection against physical hacking and tampering. Veronica emphasized, “In blockchain ecosystems, assets rely entirely on private keys. Protecting these keys means protecting the assets. Our hardware wallets store private keys in offline secure chips, offering superior security.” # SafePal Mini: Expanding Access via Telegram SafePal has introduced the Telegram Mini Wallet, "SafePal Mini," aiming to leverage Telegram’s 950 million-user base to broaden digital asset access. In collaboration with Swiss blockchain bank Fiat24, users can now open private bank accounts under Swiss laws, link Mastercard cards, and perform transactions at over 40 million merchants. The related data is tokenized on Arbitrum (ARB)-based NFTs, with KYC managed by Fiat24. # Beyond Hardware: Broadening the Ecosystem In 2020, SafePal expanded its offerings to include mobile software wallets and a swap aggregator. With investments from Animoca Brands and new features like the Binance Launchpad token, SafePal Earn, and Wallet Holder Offering (WHO) platform, the company has enhanced DeFi usability. By 2023, SafePal introduced the Bluetooth-enabled, open-source X1 wallet and the premium S1 Pro, marking significant growth. Veronica noted, “Our team's dedication was validated when we exceeded 10 million users.” # SFPlus: Transforming $SFP Utility SafePal recently launched "SFPlus," a staking hub aimed at increasing the utility of its native token, $SFP. Without any lockups, users can deposit $SFP for airdrops, convert gas tokens, and enjoy discounts. Additionally, $SFP will be used for integration fees for partner projects, user identification, and custom services. # Strategic Partnerships: From WalletConnect to Telegram Projects SafePal maintains strong ties with WalletConnect (WCT), engaging users through on-chain campaigns associated with SFPlus. The company’s collaboration with Telegram’s Blum project has led to exclusive wallets and airdrop events for DOGS, X Empire, and MemeFi. SafePal also partners with leading crypto entities like Binance, BNB Chain, TON, CoinGecko, and Orbiter Finance. Supporting over 200 blockchains, SafePal integrates networks and DApps based on market trends and user feedback. Developers are encouraged to submit integration requests via SafePal’s website or email. # Zero Security Incidents: Education as a Priority Since its launch seven years ago, SafePal has reported zero security incidents. Veronica noted, “Even with top-tier security features, users can still fall prey to phishing or scams. Education is crucial.” To promote user security, SafePal offers transaction simulation, wallet health checks, and malicious smart contract detection, along with UX designs that guide users through security best practices during initial transactions or DApp connections. # Roadmap Beyond 2025 For the future, SafePal aims to become a "super wallet hub," integrating DeFi and CeFi functionalities. Veronica mentioned, “Our goal is to provide a unified platform with all essential tools, eliminating the need for multiple services.” Positioning itself as a cornerstone of Web3, SafePal is geared to ensure not just asset security but also improved payment and financial accessibility, playing a transformative role in digital finance.