[Greenfield Reports Governance Issues of Safe Ecosystem Foundation to Swiss Regulators] According to Jascha Samadi, a partner at the European institutional digital asset investment firm Greenfield Capital, the company has officially filed a regulatory complaint against the Safe Ecosystem Foundation with the Swiss Federal Supervisory Authority for Foundations (ESA). As a long-term holder since 2022, Greenfield Capital pointed out that Safe is experiencing a significant loss of market share in the self-custody infrastructure sector: since early 2024, the value of assets held in Safe accounts has dropped from approximately $66 billion to around $30 billion. Meanwhile, DeFi TVL has grown by about 40%, and stablecoin supply has increased by 135%, but the stablecoins held by Safe have only grown by 11%. Greenfield Capital believes that the root cause of these issues lies in the governance failure of the foundation.