SafePal
SFP
SafePal is dedicated to providing a secure and user-friendly crypto management platform to help the masses secure and grow their crypto assets safely and conveniently. It is the first hardware wallet invested and backed by Binance, and also the first decentralized cryptocurrency wallet to implement the Binance trading experience.
| Round | Amount | Valuation | Date | Investors |
|---|---|---|---|---|
| Public Sale | $5M | -- | Feb 08, 2021 |
| Project | Funding Status | Region | Categories | Ecosystem | Founded | Token Issuance |
|---|---|---|---|---|---|---|
 APX Finance | Seed | DeFi Derivatives Perp | Ethereum BNB Chain ZkSync Base opBNB trọng tài Manta | Jan 01, 2021 | With Token | |
 Fiat24 | Strategic | Switzerland | CeFi Payments | Jan 01, 2019 | No Token |
SafePal, founded in 2018 and incubated by Binance Labs, is a comprehensive crypto wallet ecosystem designed to enhance security and accessibility for users worldwide. Its suite includes the SafePal S1 hardware wallet, a mobile wallet app, and a browser extension, supporting over 30,000 tokens and a wide array of blockchain networks. SafePal’s hardware wallet emphasizes security, with air-gapped functionality, EAL 5+ secure elements, and a self-destruct feature to protect private keys against potential tampering or unauthorized access, making it a reliable choice for both new and experienced crypto holders.
SafePal's ecosystem is further enhanced by its native token, SFP, which provides utility across the platform. With the recent launch of SFPlus, SafePal introduced staking for SFP, where users can earn rewards, participate in exclusive airdrops, and enjoy utility benefits like discounts and upgraded tiers on the SafePal CeDeFi banking gateway. This staking model, which doesn't require lock-up periods, encourages long-term participation and engagement in the ecosystem, making SFP more attractive to both individual users and the broader Web3 community.
In 2024, SafePal continued expanding its ecosystem through partnerships with major players like TON, enabling features such as Soul-Bound tokens (SBTs) and extending their reach into DeFi, NFT trading, and more. These innovations, combined with SafePal’s secure, user-friendly platform, have attracted over 15 million users across 200 countries, positioning SafePal as a versatile and community-focused solution for crypto asset management.