Users must migrate funds to Safe Global before the deactivation deadline.
BNB Chain has announced the termination of its native multi-sig wallet service, a move signaling a shift in how the ecosystem handles asset security and decentralized custody. Users have been advised to transfer their funds to Safe Global, a trusted multi-signature wallet platform, before the closure takes effect. The decision underscores BNB Chain’s broader goal of streamlining infrastructure and improving compatibility with more advanced decentralized tools.
BNB Chain will discontinue its multi-sig wallet operations, redirecting users to Safe Global as the preferred solution. The network emphasized that the migration ensures better cross-chain functionality and adherence to evolving security standards. Safe Global, a well-known Ethereum-based wallet protocol, enables multiple parties to approve transactions collectively — minimizing risks tied to single-signature vulnerabilities. This shift reflects BNB Chain’s ongoing commitment to aligning with the broader Ethereum Virtual Machine (EVM) ecosystem and adopting proven, battle-tested infrastructure.
The transition aims to simplify operations while reinforcing user trust. BNB Chain explained that its decision came after evaluating the scalability and long-term viability of maintaining a native multi-sig system. Safe Global, already integrated with BNB Smart Chain (BSC), offers users familiar functionality and a smoother transition path. Developers and organizations using BNB’s multi-sig wallets — often for managing project treasuries or DAO funds — are encouraged to complete migrations promptly to avoid potential disruptions once the service sunsets.
This move aligns with BNB Chain’s strategy to optimize network resources and focus on ecosystem growth. By leveraging external partners like Safe Global, BNB Chain can concentrate on scalability improvements, decentralized applications, and ecosystem innovation. The collaboration also reinforces interoperability within Web3, as Safe’s infrastructure supports multi-chain wallet management across leading blockchains. The network reiterated that no user funds would be lost during the migration if transfers are completed within the recommended timeframe.
Looking ahead, BNB Chain’s partnership with Safe Global may set a precedent for future wallet integrations across decentralized ecosystems. The change marks another step toward a more interconnected and user-secure blockchain landscape, where cross-chain tools drive both security and accessibility.
