Binance SAFU – Milestones
Key milestones and important events in Binance SAFU's history.
5
Total Milestones
2018
Earliest
2026
Latest
8 yrs
Span
Showing 5 milestones for Binance SAFU
20262 milestones
5
1 Apr 2026
SAFU Fund Top-Up and Consolidation Confirmed
Binance confirms it has topped up the SAFU fund to $1 billion, now consisting entirely of Bitcoin.
x.com/binance/status/20182636630949807344
1 Feb 2026
Conversion to 100% Bitcoin Begins
Binance announces and begins the process of converting the entire $1 billion SAFU fund into Bitcoin (BTC) to improve transparency and reliability.
www.coindesk.com/markets/2026/02/02/binance-moves-1-315-bitcoin-into-safu-fund-as-it-prepares-to-buy-usd1-billion-btc20221 milestone
3
1 Jan 2022
Fund Reaches $1 Billion Valuation
Binance announces that the SAFU fund's value has reached $1 billion, held in a mix of BNB, BUSD, and BTC.
20191 milestone
2
1 May 2019
First Use in Response to Hack
The SAFU fund is used to cover all user losses from a security breach where hackers stole 7,000 BTC, valued at approximately $40 million at the time.
20181 milestone
1
1 Jul 2018
SAFU Fund Established
Binance establishes the Secure Asset Fund for Users (SAFU), allocating 10% of all trading fees to protect users.