FundraiseOct 18, 2026, 22:57 UTC

Zodiac raises €590,000 to turn onchain treasury tooling into a company

What's the deal? Zodiac has raised a €590,000 ($650,000) angel round to turn its open standard for onchain organizations into a company. Backers include the founding team of enterprise software maker Signavio, Gnosis co-founder Stefan George, and ENS co-founder Alex Van de Sande.

What does it do? Zodiac gives each person, team, bot, or AI agent a role on a crypto multisig — enough authority for the job, and no more — with rules enforced onchain. Every Zodiac account is built on Safe, the multisig standard George originally wrote.

Why now? Organizations now hold billions onchain in multisigs built for custody, not daily operations. In February 2025, attackers compromised Bybit's signing interface and drained $1.5B from a cold wallet; the keys were never stolen. "Protecting the keys was not enough," the company said.

What's the endgame? Since 2023, more than $14B has moved through Zodiac contracts across over 8 million transactions, with Gnosis Pay, kpk, and the ENS endowment among its users. The company became independent in July 2026 and now wants to build a product for every organization holding capital onchain.

Who's backing it? The Signavio founders — Gero Decker, Nicolas Peters, Torben Schreiter, Willi Tscheschner, and Gerrit de Veer — sold their company to SAP for close to €1 billion, one of Germany's biggest B2B software exits. They join George and Van de Sande as advisers, blending crypto building with enterprise sales experience.

The signal: The round reflects a bet that onchain treasuries need an operating layer as serious as the capital they hold. By pairing crypto infrastructure veterans with enterprise software operators, Zodiac is positioning the backend plumbing of DeFi as a B2B software category.