diff --git a/docker/web/celery/worker/run.sh b/docker/web/celery/worker/run.sh
index 5e5cffe80..7740338a9 100755
--- a/docker/web/celery/worker/run.sh
+++ b/docker/web/celery/worker/run.sh
@@ -19,6 +19,9 @@ if [ ${RUN_MIGRATIONS:-0} = 1 ]; then
 
   echo "==> $(date +%H:%M:%S) ==> Setting up service... "
   python manage.py setup_service
+
+  echo "==> $(date +%H:%M:%S) ==> Setting contracts... "
+  python manage.py update_safe_contracts_logo
 fi
 
 echo "==> $(date +%H:%M:%S) ==> Check RPC connected matches previously used RPC... "
diff --git a/requirements.txt b/requirements.txt
index a383e5977..022cbb593 100644
--- a/requirements.txt
+++ b/requirements.txt
@@ -32,5 +32,5 @@ psycogreen==1.0.2
 psycopg2==2.9.9
 redis==5.0.1
 requests==2.31.0
-safe-eth-py[django]==6.0.0b2
+safe-eth-py[django]==6.0.0b3
 web3==6.11.1
diff --git a/safe_transaction_service/contracts/management/commands/update_safe_contracts_logo.py b/safe_transaction_service/contracts/management/commands/update_safe_contracts_logo.py
new file mode 100644
index 000000000..3212ef37a
--- /dev/null
+++ b/safe_transaction_service/contracts/management/commands/update_safe_contracts_logo.py
@@ -0,0 +1,101 @@
+from django.core.files import File
+from django.core.management import BaseCommand, CommandError
+
+from gnosis.eth import EthereumClientProvider
+from gnosis.safe.safe_deployments import safe_deployments
+
+from config.settings.base import STATICFILES_DIRS
+from safe_transaction_service.contracts.models import Contract
+
+
+def generate_safe_contract_display_name(contract_name: str, version: str) -> str:
+    """
+    Generates the display name for Safe contract.
+    Append Safe at the beginning if the contract name doesn't contain Safe word and append the contract version at the end.
+
+    :param contract_name:
+    :param version:
+    :return: display_name
+    """
+    # Remove gnosis word
+    contract_name = contract_name.replace("Gnosis", "")
+    if "safe" not in contract_name.lower():
+        return f"Safe: {contract_name} {version}"
+    else:
+        return f"{contract_name} {version}"
+
+
+class Command(BaseCommand):
+    help = "Update or create Safe contracts with provided logo"
+
+    def add_arguments(self, parser):
+        parser.add_argument(
+            "--safe-version", type=str, help="Contract version", required=False
+        )
+        parser.add_argument(
+            "--force-update-contract-names",
+            help="Update all the safe contract names and display names",
+            action="store_true",
+            default=False,
+        )
+        parser.add_argument(
+            "--logo-path",
+            type=str,
+            help="Path of new logo",
+            required=False,
+            default=f"{STATICFILES_DIRS[0]}/safe/safe_contract_logo.png",
+        )
+
+    def handle(self, *args, **options):
+        """
+        Command to create or update Safe contracts with provided logo.
+
+        :param args:
+        :param options: Safe version and logo path
+        :return:
+        """
+        safe_version = options["safe_version"]
+        force_update_contract_names = options["force_update_contract_names"]
+        logo_path = options["logo_path"]
+        ethereum_client = EthereumClientProvider()
+        chain_id = ethereum_client.get_chain_id()
+        logo_file = File(open(logo_path, "rb"))
+        if not safe_version:
+            versions = list(safe_deployments.keys())
+        elif safe_version in safe_deployments:
+            versions = [safe_version]
+        else:
+            raise CommandError(
+                f"Wrong Safe version {safe_version}, supported versions {safe_deployments.keys()}"
+            )
+
+        if force_update_contract_names:
+            # update all safe contract names
+            queryset = Contract.objects.update_or_create
+        else:
+            # only update the contracts with empty values
+            queryset = Contract.objects.get_or_create
+
+        for version in versions:
+            for contract_name, addresses in safe_deployments[version].items():
+                display_name = generate_safe_contract_display_name(
+                    contract_name, version
+                )
+                contract, created = queryset(
+                    address=addresses[str(chain_id)],
+                    defaults={
+                        "name": contract_name,
+                        "display_name": display_name,
+                    },
+                )
+
+                if not created:
+                    # Remove previous logo file
+                    contract.logo.delete(save=True)
+                    # update name only for contracts with empty names
+                    if not force_update_contract_names and contract.name == "":
+                        contract.display_name = display_name
+                        contract.name = contract_name
+
+                contract.logo.save(f"{contract.address}.png", logo_file)
+                contract.save()
diff --git a/safe_transaction_service/contracts/tests/test_commands.py b/safe_transaction_service/contracts/tests/test_commands.py
index c65698691..6fdce8e77 100644
--- a/safe_transaction_service/contracts/tests/test_commands.py
+++ b/safe_transaction_service/contracts/tests/test_commands.py
@@ -1,8 +1,14 @@
 from io import StringIO
+from unittest.mock import patch
 
 from django.core.management import call_command
 from django.test import TestCase
 
+from gnosis.eth import EthereumClient
+
+from safe_transaction_service.contracts.models import Contract
+from safe_transaction_service.contracts.tests.factories import ContractFactory
+
 
 class TestCommands(TestCase):
     def test_index_contracts_with_metadata(self):
@@ -21,3 +27,58 @@ def test_index_contracts_with_metadata(self):
             "Calling `reindex_contracts_without_metadata_task` task", buf.getvalue()
         )
         self.assertIn("Processing finished", buf.getvalue())
+
+    @patch.object(EthereumClient, "get_chain_id", autospec=True, return_value=1)
+    def test_update_safe_contracts_logo(self, mock_chain_id):
+        command = "update_safe_contracts_logo"
+        buf = StringIO()
+        random_contract = ContractFactory()
+        previous_random_contract_logo = random_contract.logo.read()
+        multisend_address = "0xA238CBeb142c10Ef7Ad8442C6D1f9E89e07e7761"
+        multisend_contract = ContractFactory(
+            address=multisend_address, name="GnosisMultisend"
+        )
+        multisend_contract_logo = multisend_contract.logo.read()
+
+        call_command(command, stdout=buf)
+        current_multisend_contract = Contract.objects.get(address=multisend_address)
+        # Previous created contracts logo should be updated
+        self.assertNotEqual(
+            current_multisend_contract.logo.read(), multisend_contract_logo
+        )
+
+        # Previous created contracts name and display name should keep unchanged
+        self.assertEqual(multisend_contract.name, current_multisend_contract.name)
+        self.assertEqual(
+            multisend_contract.display_name, current_multisend_contract.display_name
+        )
+
+        # No safe contract logos should keep unchanged
+        current_no_safe_contract_logo: bytes = Contract.objects.get(
+            address=random_contract.address
+        ).logo.read()
+        self.assertEqual(current_no_safe_contract_logo, previous_random_contract_logo)
+
+        # Missing safe addresses should be added
+        self.assertEqual(Contract.objects.count(), 28)
+
+        # Contract name and display name should be correctly generated
+        safe_l2_141_address = "0x29fcB43b46531BcA003ddC8FCB67FFE91900C762"
+        contract = Contract.objects.get(address=safe_l2_141_address)
+        self.assertEqual(contract.name, "SafeL2")
+        self.assertEqual(contract.display_name, "SafeL2 1.4.1")
+
+        safe_multisend_141_address = "0x38869bf66a61cF6bDB996A6aE40D5853Fd43B526"
+        contract = Contract.objects.get(address=safe_multisend_141_address)
+        self.assertEqual(contract.name, "MultiSend")
+        self.assertEqual(contract.display_name, "Safe: MultiSend 1.4.1")
+
+        # Force to update contract names should update the name and display name of the contract
+        call_command(
+            command,
+            "--force-update-contract-names",
+            stdout=buf,
+        )
+        contract = Contract.objects.get(address=multisend_address)
+        self.assertEqual(contract.name, "MultiSend")
+        self.assertEqual(contract.display_name, "Safe: MultiSend 1.3.0")
diff --git a/safe_transaction_service/static/safe/safe_contract_logo.png b/safe_transaction_service/static/safe/safe_contract_logo.png
new file mode 100644
index 000000000..14eb5bb02
Binary files /dev/null and b/safe_transaction_service/static/safe/safe_contract_logo.png differ