According to @_RichardTeng, crypto wallet provider Safe has launched a new development unit, Safe Labs, to enhance security and cater to institutional clients following a major hack. The source reveals Safe is developing a subscription plan called 'Safe Pro' for enterprises needing higher security, a strategic pivot catalyzed by the ByBit hack. This move aims to bolster confidence in the platform, which already secures over $60 billion in assets and processes 10% of all EVM transaction volume. This focus on institutional-grade security comes as the broader crypto market faces bearish pressure. According to market data, Ethereum (ETH) has dropped approximately 3.5% to trade around $2,402, while Solana (SOL) has fallen about 5.4% to $146.75 in the last 24 hours. The developments highlight a growing trend of projects maturing to meet enterprise standards amidst market volatility.