Greenfield Capital reports governance failure of Safe Ecological Foundation to Swiss regulatory authorities

Greenfield Capital has submitted a regulatory complaint against the Safe Ecological Foundation to the Swiss Federal Fund Supervisory Authority, stating that its governance failure has led to a loss of market share. Since the beginning of 2024, the asset value held by Safe accounts has decreased from approximately $66 billion to approximately $30 billion, while DeFi TVL has grown by approximately 40% and stablecoin supply has increased by 135% during the same period, while Safe's stablecoin holdings have only grown by 11%.