diff --git a/src/logic/tokens/api/fetchTokenBalanceList.js b/src/logic/tokens/api/fetchTokenBalanceList.js
new file mode 100644
index 00000000..cc047a91
--- /dev/null
+++ b/src/logic/tokens/api/fetchTokenBalanceList.js
@@ -0,0 +1,16 @@
+// @flow
+import axios from 'axios'
+import { getTxServiceHost } from '~/config/index'
+
+const fetchTokenBalanceList = (safeAddress: string) => {
+  const apiUrl = getTxServiceHost()
+  const url = `${apiUrl}safes/${safeAddress}/balances/`
+
+  return axios.get(url, {
+    params: {
+      limit: 300,
+    },
+  })
+}
+
+export default fetchTokenBalanceList
diff --git a/src/logic/tokens/api/fetchTokenList.js b/src/logic/tokens/api/fetchTokenList.js
index 82cbb7ba..167e09a7 100644
--- a/src/logic/tokens/api/fetchTokenList.js
+++ b/src/logic/tokens/api/fetchTokenList.js
@@ -4,7 +4,7 @@ import { getRelayUrl } from '~/config/index'
 
 const fetchTokenList = () => {
   const apiUrl = getRelayUrl()
-  const url = `${apiUrl}/tokens`
+  const url = `${apiUrl}tokens/`
 
   return axios.get(url, {
     params: {
diff --git a/src/logic/tokens/store/actions/activateTokensByBalance.js b/src/logic/tokens/store/actions/activateTokensByBalance.js
new file mode 100644
index 00000000..a946535f
--- /dev/null
+++ b/src/logic/tokens/store/actions/activateTokensByBalance.js
@@ -0,0 +1,49 @@
+// @flow
+import type { Dispatch as ReduxDispatch } from 'redux'
+import { Set } from 'immutable'
+import { type GetState, type GlobalState } from '~/store'
+import updateActiveTokens from '~/routes/safe/store/actions/updateActiveTokens'
+import {
+  safeActiveTokensSelectorBySafe,
+  safeBlacklistedTokensSelectorBySafe,
+  safesMapSelector,
+} from '~/routes/safe/store/selectors'
+import fetchTokenBalanceList from '~/logic/tokens/api/fetchTokenBalanceList'
+import updateSafe from '~/routes/safe/store/actions/updateSafe'
+
+const activateTokensByBalance = (safeAddress: string) => async (
+  dispatch: ReduxDispatch<GlobalState>,
+  getState: GetState,
+) => {
+  try {
+    const result = await fetchTokenBalanceList(safeAddress)
+    const safes = safesMapSelector(getState())
+    const alreadyActiveTokens = safeActiveTokensSelectorBySafe(safeAddress, safes)
+    const blacklistedTokens = safeBlacklistedTokensSelectorBySafe(safeAddress, safes)
+
+    // addresses: potentially active tokens by balance
+    // balances: tokens' balance returned by the backend
+    const { addresses, balances } = result.data.reduce((acc, { tokenAddress, balance }) => ({
+      addresses: [...acc.addresses, tokenAddress],
+      balances: [...acc.balances, balance],
+    }), { addresses: [], balances: [] })
+
+    // update balance list for the safe
+    dispatch(updateSafe({ address: safeAddress, balances: Set(balances) }))
+
+    // active tokens by balance, excluding those already blacklisted and the `null` address
+    const activeByBalance = addresses.filter((address) => address !== null && !blacklistedTokens.includes(address))
+
+    // need to persist those already active tokens, despite its balances
+    const activeTokens = alreadyActiveTokens.toSet().union(activeByBalance)
+
+    // update list of active tokens
+    dispatch(updateActiveTokens(safeAddress, activeTokens))
+  } catch (err) {
+    console.error('Error fetching token list', err)
+  }
+
+  return null
+}
+
+export default activateTokensByBalance
diff --git a/src/logic/tokens/store/actions/removeToken.js b/src/logic/tokens/store/actions/removeToken.js
index 0dedb20a..91e1bc38 100644
--- a/src/logic/tokens/store/actions/removeToken.js
+++ b/src/logic/tokens/store/actions/removeToken.js
@@ -2,7 +2,7 @@
 import { createAction } from 'redux-actions'
 import type { Dispatch as ReduxDispatch } from 'redux'
 import { type Token } from '~/logic/tokens/store/model/token'
-import { removeTokenFromStorage, removeFromActiveTokens } from '~/logic/tokens/utils/tokensStorage'
+import { removeFromActiveTokens, removeTokenFromStorage } from '~/logic/tokens/utils/tokensStorage'
 import { type GlobalState } from '~/store/index'
 
 export const REMOVE_TOKEN = 'REMOVE_TOKEN'
diff --git a/src/routes/safe/components/Balances/Tokens/actions.js b/src/routes/safe/components/Balances/Tokens/actions.js
index 06292b57..3f0dbc99 100644
--- a/src/routes/safe/components/Balances/Tokens/actions.js
+++ b/src/routes/safe/components/Balances/Tokens/actions.js
@@ -2,11 +2,13 @@
 import fetchTokens from '~/logic/tokens/store/actions/fetchTokens'
 import { addToken } from '~/logic/tokens/store/actions/addToken'
 import updateActiveTokens from '~/routes/safe/store/actions/updateActiveTokens'
+import updateBlacklistedTokens from '~/routes/safe/store/actions/updateBlacklistedTokens'
 import activateTokenForAllSafes from '~/routes/safe/store/actions/activateTokenForAllSafes'
 
 export type Actions = {
   fetchTokens: Function,
   updateActiveTokens: Function,
+  updateBlacklistedTokens: typeof updateBlacklistedTokens,
   addToken: Function,
   activateTokenForAllSafes: Function,
 }
@@ -15,5 +17,6 @@ export default {
   fetchTokens,
   addToken,
   updateActiveTokens,
+  updateBlacklistedTokens,
   activateTokenForAllSafes,
 }
diff --git a/src/routes/safe/components/Balances/Tokens/index.jsx b/src/routes/safe/components/Balances/Tokens/index.jsx
index 18483d07..a23f0811 100644
--- a/src/routes/safe/components/Balances/Tokens/index.jsx
+++ b/src/routes/safe/components/Balances/Tokens/index.jsx
@@ -22,6 +22,7 @@ type Props = Actions & {
   tokens: List<Token>,
   safeAddress: string,
   activeTokens: List<Token>,
+  blacklistedTokens: List<Token>,
 }
 type ActiveScreen = 'tokenList' | 'addCustomToken'
 
@@ -32,8 +33,10 @@ const Tokens = (props: Props) => {
     classes,
     tokens,
     activeTokens,
+    blacklistedTokens,
     fetchTokens,
     updateActiveTokens,
+    updateBlacklistedTokens,
     safeAddress,
     addToken,
     activateTokenForAllSafes,
@@ -43,7 +46,7 @@ const Tokens = (props: Props) => {
     <>
       <Row align="center" grow className={classes.heading}>
         <Paragraph size="xl" noMargin weight="bolder">
-          Manage Tokens
+          Manage List
         </Paragraph>
         <IconButton onClick={onClose} disableRipple data-testid={MANAGE_TOKENS_MODAL_CLOSE_BUTTON_TEST_ID}>
           <Close className={classes.close} />
@@ -54,8 +57,10 @@ const Tokens = (props: Props) => {
         <TokenList
           tokens={tokens}
           activeTokens={activeTokens}
+          blacklistedTokens={blacklistedTokens}
           fetchTokens={fetchTokens}
           updateActiveTokens={updateActiveTokens}
+          updateBlacklistedTokens={updateBlacklistedTokens}
           safeAddress={safeAddress}
           setActiveScreen={setActiveScreen}
         />
diff --git a/src/routes/safe/components/Balances/Tokens/screens/TokenList/index.jsx b/src/routes/safe/components/Balances/Tokens/screens/TokenList/index.jsx
index 8b13d3f6..8afba236 100644
--- a/src/routes/safe/components/Balances/Tokens/screens/TokenList/index.jsx
+++ b/src/routes/safe/components/Balances/Tokens/screens/TokenList/index.jsx
@@ -25,14 +25,17 @@ type Props = {
   tokens: List<Token>,
   safeAddress: string,
   activeTokens: List<Token>,
-  fetchTokens: Function,
+  blacklistedTokens: List<Token>,
   updateActiveTokens: Function,
+  updateBlacklistedTokens: Function,
   setActiveScreen: Function,
 }
 
 type State = {
   filter: string,
   activeTokensAddresses: Set<string>,
+  initialActiveTokensAddresses: Set<string>,
+  blacklistedTokensAddresses: Set<string>,
 }
 
 const filterBy = (filter: string, tokens: List<Token>): List<Token> => tokens.filter(
@@ -52,13 +55,10 @@ class Tokens extends React.Component<Props, State> {
   state = {
     filter: '',
     activeTokensAddresses: Set([]),
+    initialActiveTokensAddresses: Set([]),
+    blacklistedTokensAddresses: Set([]),
     activeTokensCalculated: false,
-  }
-
-  componentDidMount() {
-    const { fetchTokens } = this.props
-
-    fetchTokens()
+    blacklistedTokensCalculated: false,
   }
 
   static getDerivedStateFromProps(nextProps, prevState) {
@@ -70,17 +70,29 @@ class Tokens extends React.Component<Props, State> {
 
       return {
         activeTokensAddresses: Set(activeTokens.map(({ address }) => address)),
+        initialActiveTokensAddresses: Set(activeTokens.map(({ address }) => address)),
         activeTokensCalculated: true,
       }
     }
+
+    if (!prevState.blacklistedTokensCalculated) {
+      const { blacklistedTokens } = nextProps
+
+      return {
+        blacklistedTokensAddresses: blacklistedTokens,
+        blacklistedTokensCalculated: true,
+      }
+    }
+
     return null
   }
 
   componentWillUnmount() {
-    const { activeTokensAddresses } = this.state
-    const { updateActiveTokens, safeAddress } = this.props
+    const { activeTokensAddresses, blacklistedTokensAddresses } = this.state
+    const { updateActiveTokens, updateBlacklistedTokens, safeAddress } = this.props
 
     updateActiveTokens(safeAddress, activeTokensAddresses)
+    updateBlacklistedTokens(safeAddress, blacklistedTokensAddresses)
   }
 
   onCancelSearch = () => {
@@ -92,17 +104,20 @@ class Tokens extends React.Component<Props, State> {
   }
 
   onSwitch = (token: Token) => () => {
-    const { activeTokensAddresses } = this.state
+    this.setState((prevState) => {
+      const activeTokensAddresses = prevState.activeTokensAddresses.has(token.address)
+        ? prevState.activeTokensAddresses.remove(token.address)
+        : prevState.activeTokensAddresses.add(token.address)
 
-    if (activeTokensAddresses.has(token.address)) {
-      this.setState({
-        activeTokensAddresses: activeTokensAddresses.remove(token.address),
-      })
-    } else {
-      this.setState({
-        activeTokensAddresses: activeTokensAddresses.add(token.address),
-      })
-    }
+      let { blacklistedTokensAddresses } = prevState
+      if (activeTokensAddresses.has(token.address)) {
+        blacklistedTokensAddresses = prevState.blacklistedTokensAddresses.remove(token.address)
+      } else if (prevState.initialActiveTokensAddresses.has(token.address)) {
+        blacklistedTokensAddresses = prevState.blacklistedTokensAddresses.add(token.address)
+      }
+
+      return ({ ...prevState, activeTokensAddresses, blacklistedTokensAddresses })
+    })
   }
 
   createItemData = (tokens, activeTokensAddresses) => ({
diff --git a/src/routes/safe/components/Balances/index.jsx b/src/routes/safe/components/Balances/index.jsx
index 63c0ab4c..85ea6d3d 100644
--- a/src/routes/safe/components/Balances/index.jsx
+++ b/src/routes/safe/components/Balances/index.jsx
@@ -38,6 +38,9 @@ type Props = {
   granted: boolean,
   tokens: List<Token>,
   activeTokens: List<Token>,
+  blacklistedTokens: List<Token>,
+  activateTokensByBalance: Function,
+  fetchTokens: Function,
   safeAddress: string,
   safeName: string,
   ethBalance: string,
@@ -57,6 +60,7 @@ class Balances extends React.Component<Props, State> {
       },
       showReceive: false,
     }
+    props.fetchTokens()
   }
 
   onShow = (action: Action) => () => {
@@ -85,6 +89,17 @@ class Balances extends React.Component<Props, State> {
     })
   }
 
+  handleChange = (e: SyntheticInputEvent<HTMLInputElement>) => {
+    const { checked } = e.target
+
+    this.setState(() => ({ hideZero: checked }))
+  }
+
+  componentDidMount(): void {
+    const { activateTokensByBalance, safeAddress } = this.props
+    activateTokensByBalance(safeAddress)
+  }
+
   render() {
     const {
       showToken, showReceive, sendFunds,
@@ -95,6 +110,7 @@ class Balances extends React.Component<Props, State> {
       tokens,
       safeAddress,
       activeTokens,
+      blacklistedTokens,
       safeName,
       ethBalance,
       createTransaction,
@@ -110,10 +126,10 @@ class Balances extends React.Component<Props, State> {
         <Row align="center" className={classes.message}>
           <Col xs={12} end="sm">
             <ButtonLink size="lg" onClick={this.onShow('Token')} testId="manage-tokens-btn">
-              Manage Tokens
+              Manage List
             </ButtonLink>
             <Modal
-              title="Manage Tokens"
+              title="Manage List"
               description="Enable and disable tokens to be listed"
               handleClose={this.onHide('Token')}
               open={showToken}
@@ -123,6 +139,7 @@ class Balances extends React.Component<Props, State> {
                 onClose={this.onHide('Token')}
                 safeAddress={safeAddress}
                 activeTokens={activeTokens}
+                blacklistedTokens={blacklistedTokens}
               />
             </Modal>
           </Col>
diff --git a/src/routes/safe/components/Layout.jsx b/src/routes/safe/components/Layout.jsx
index 9063c619..bb653fdc 100644
--- a/src/routes/safe/components/Layout.jsx
+++ b/src/routes/safe/components/Layout.jsx
@@ -60,9 +60,12 @@ const Layout = (props: Props) => {
     granted,
     tokens,
     activeTokens,
+    blacklistedTokens,
     createTransaction,
     processTransaction,
     fetchTransactions,
+    activateTokensByBalance,
+    fetchTokens,
     updateSafe,
     transactions,
     userAddress,
@@ -156,8 +159,11 @@ const Layout = (props: Props) => {
               ethBalance={ethBalance}
               tokens={tokens}
               activeTokens={activeTokens}
+              blacklistedTokens={blacklistedTokens}
               granted={granted}
               safeAddress={address}
+              activateTokensByBalance={activateTokensByBalance}
+              fetchTokens={fetchTokens}
               safeName={name}
               createTransaction={createTransaction}
             />
diff --git a/src/routes/safe/container/actions.js b/src/routes/safe/container/actions.js
index 03c49de9..19145afb 100644
--- a/src/routes/safe/container/actions.js
+++ b/src/routes/safe/container/actions.js
@@ -7,6 +7,7 @@ import processTransaction from '~/routes/safe/store/actions/processTransaction'
 import fetchTransactions from '~/routes/safe/store/actions/fetchTransactions'
 import updateSafe from '~/routes/safe/store/actions/updateSafe'
 import fetchTokens from '~/logic/tokens/store/actions/fetchTokens'
+import activateTokensByBalance from '~/logic/tokens/store/actions/activateTokensByBalance'
 
 export type Actions = {
   fetchSafe: typeof fetchSafe,
@@ -17,6 +18,7 @@ export type Actions = {
   fetchTokens: typeof fetchTokens,
   processTransaction: typeof processTransaction,
   fetchEtherBalance: typeof fetchEtherBalance,
+  activateTokensByBalance: typeof activateTokensByBalance
 }
 
 export default {
@@ -26,6 +28,7 @@ export default {
   processTransaction,
   fetchTokens,
   fetchTransactions,
+  activateTokensByBalance,
   updateSafe,
   fetchEtherBalance,
   checkAndUpdateSafeOwners,
diff --git a/src/routes/safe/container/index.jsx b/src/routes/safe/container/index.jsx
index 7104ad3c..c194da21 100644
--- a/src/routes/safe/container/index.jsx
+++ b/src/routes/safe/container/index.jsx
@@ -102,6 +102,7 @@ class SafeView extends React.Component<Props, State> {
       safe,
       provider,
       activeTokens,
+      blacklistedTokens,
       granted,
       userAddress,
       network,
@@ -109,6 +110,8 @@ class SafeView extends React.Component<Props, State> {
       createTransaction,
       processTransaction,
       fetchTransactions,
+      activateTokensByBalance,
+      fetchTokens,
       updateSafe,
       transactions,
     } = this.props
@@ -117,6 +120,7 @@ class SafeView extends React.Component<Props, State> {
       <Page>
         <Layout
           activeTokens={activeTokens}
+          blacklistedTokens={blacklistedTokens}
           tokens={tokens}
           provider={provider}
           safe={safe}
@@ -126,6 +130,8 @@ class SafeView extends React.Component<Props, State> {
           createTransaction={createTransaction}
           processTransaction={processTransaction}
           fetchTransactions={fetchTransactions}
+          activateTokensByBalance={activateTokensByBalance}
+          fetchTokens={fetchTokens}
           updateSafe={updateSafe}
           transactions={transactions}
           sendFunds={sendFunds}
diff --git a/src/routes/safe/container/selector.js b/src/routes/safe/container/selector.js
index d8254506..7fadf156 100644
--- a/src/routes/safe/container/selector.js
+++ b/src/routes/safe/container/selector.js
@@ -5,6 +5,7 @@ import {
   safeSelector,
   safeActiveTokensSelector,
   safeBalancesSelector,
+  safeBlacklistedTokensSelector,
   type RouterProps,
   type SafeSelectorProps,
 } from '~/routes/safe/store/selectors'
@@ -25,6 +26,7 @@ export type SelectorProps = {
   provider: string,
   tokens: List<Token>,
   activeTokens: List<Token>,
+  blacklistedTokens: List<Token>,
   userAddress: string,
   network: string,
   safeUrl: string,
@@ -135,6 +137,7 @@ export default createStructuredSelector<Object, *>({
   provider: providerNameSelector,
   tokens: orderedTokenListSelector,
   activeTokens: extendedSafeTokensSelector,
+  blacklistedTokens: safeBlacklistedTokensSelector,
   granted: grantedSelector,
   userAddress: userAccountSelector,
   network: networkSelector,
diff --git a/src/routes/safe/store/actions/fetchTokenBalances.js b/src/routes/safe/store/actions/fetchTokenBalances.js
index ab69d87b..bf008cde 100644
--- a/src/routes/safe/store/actions/fetchTokenBalances.js
+++ b/src/routes/safe/store/actions/fetchTokenBalances.js
@@ -19,7 +19,7 @@ export const calculateBalanceOf = async (tokenAddress: string, safeAddress: stri
     const token = await erc20Token.at(tokenAddress)
     balance = await token.balanceOf(safeAddress)
   } catch (err) {
-    console.error('Failed to fetch token balances: ', err)
+    console.error('Failed to fetch token balances: ', tokenAddress, err)
   }
 
   return new BigNumber(balance).div(10 ** decimals).toString()
@@ -50,7 +50,6 @@ const fetchTokenBalances = (safeAddress: string, tokens: List<Token>) => async (
 
     dispatch(updateSafe({ address: safeAddress, balances }))
   } catch (err) {
-    // eslint-disable-next-line
     console.error('Error when fetching token balances:', err)
   }
 }
diff --git a/src/routes/safe/store/actions/updateBlacklistedTokens.js b/src/routes/safe/store/actions/updateBlacklistedTokens.js
new file mode 100644
index 00000000..2602cfe6
--- /dev/null
+++ b/src/routes/safe/store/actions/updateBlacklistedTokens.js
@@ -0,0 +1,13 @@
+// @flow
+import { Set } from 'immutable'
+import type { Dispatch as ReduxDispatch } from 'redux'
+import { type GlobalState } from '~/store'
+import updateSafe from './updateSafe'
+
+const updateBlacklistedTokens = (safeAddress: string, blacklistedTokens: Set<string>) => async (
+  dispatch: ReduxDispatch<GlobalState>,
+) => {
+  dispatch(updateSafe({ address: safeAddress, blacklistedTokens }))
+}
+
+export default updateBlacklistedTokens
diff --git a/src/routes/safe/store/middleware/safeStorage.js b/src/routes/safe/store/middleware/safeStorage.js
index a58ed541..1bb7e4b0 100644
--- a/src/routes/safe/store/middleware/safeStorage.js
+++ b/src/routes/safe/store/middleware/safeStorage.js
@@ -1,5 +1,5 @@
 // @flow
-import type { Store, AnyAction } from 'redux'
+import type { AnyAction, Store } from 'redux'
 import { List } from 'immutable'
 import { ADD_SAFE } from '~/routes/safe/store/actions/addSafe'
 import { UPDATE_SAFE } from '~/routes/safe/store/actions/updateSafe'
@@ -10,10 +10,12 @@ import { REPLACE_SAFE_OWNER } from '~/routes/safe/store/actions/replaceSafeOwner
 import { EDIT_SAFE_OWNER } from '~/routes/safe/store/actions/editSafeOwner'
 import { type GlobalState } from '~/store/'
 import {
-  saveSafes, setOwners, removeOwners, saveDefaultSafe,
+  removeOwners,
+  saveDefaultSafe,
+  saveSafes,
+  setOwners,
 } from '~/logic/safe/utils'
-import { safesMapSelector, getActiveTokensAddressesForAllSafes } from '~/routes/safe/store/selectors'
-
+import { getActiveTokensAddressesForAllSafes, safesMapSelector } from '~/routes/safe/store/selectors'
 import { tokensSelector } from '~/logic/tokens/store/selectors'
 import type { Token } from '~/logic/tokens/store/model/token'
 import { makeOwner } from '~/routes/safe/store/models/owner'
diff --git a/src/routes/safe/store/models/safe.js b/src/routes/safe/store/models/safe.js
index 2ef03995..4b1209d4 100644
--- a/src/routes/safe/store/models/safe.js
+++ b/src/routes/safe/store/models/safe.js
@@ -12,6 +12,7 @@ export type SafeProps = {
   owners: List<Owner>,
   balances?: Map<string, string>,
   activeTokens: Set<string>,
+  blacklistedTokens: Set<string>,
   ethBalance?: string,
 }
 
@@ -22,6 +23,7 @@ const SafeRecord: RecordFactory<SafeProps> = Record({
   ethBalance: 0,
   owners: List([]),
   activeTokens: new Set(),
+  blacklistedTokens: new Set(),
   balances: Map({}),
 })
 
diff --git a/src/routes/safe/store/reducer/safe.js b/src/routes/safe/store/reducer/safe.js
index bdb67ad8..df7fed82 100644
--- a/src/routes/safe/store/reducer/safe.js
+++ b/src/routes/safe/store/reducer/safe.js
@@ -22,6 +22,7 @@ export const buildSafe = (storedSafe: SafeProps) => {
   const addresses = storedSafe.owners.map((owner: OwnerProps) => owner.address)
   const owners = buildOwnersFrom(Array.from(names), Array.from(addresses))
   const activeTokens = Set(storedSafe.activeTokens)
+  const blacklistedTokens = Set(storedSafe.blacklistedTokens)
   const balances = Map(storedSafe.balances)
 
   const safe: SafeProps = {
@@ -29,6 +30,7 @@ export const buildSafe = (storedSafe: SafeProps) => {
     owners,
     balances,
     activeTokens,
+    blacklistedTokens,
   }
 
   return safe
diff --git a/src/routes/safe/store/selectors/index.js b/src/routes/safe/store/selectors/index.js
index 46574d4b..2155744c 100644
--- a/src/routes/safe/store/selectors/index.js
+++ b/src/routes/safe/store/selectors/index.js
@@ -106,6 +106,21 @@ export const safeActiveTokensSelector: Selector<GlobalState, RouterProps, List<s
   },
 )
 
+export const safeBlacklistedTokensSelector: Selector<GlobalState, RouterProps, List<string>> = createSelector(
+  safeSelector,
+  (safe: Safe) => {
+    if (!safe) {
+      return List()
+    }
+
+    return safe.blacklistedTokens
+  },
+)
+
+export const safeActiveTokensSelectorBySafe = (safeAddress: string, safes: Map<string, Safe>): List<string> => safes.get(safeAddress).get('activeTokens')
+
+export const safeBlacklistedTokensSelectorBySafe = (safeAddress: string, safes: Map<string, Safe>): List<string> => safes.get(safeAddress).get('blacklistedTokens')
+
 export const safeBalancesSelector: Selector<GlobalState, RouterProps, Map<string, string>> = createSelector(
   safeSelector,
   (safe: Safe) => {
@@ -132,7 +147,23 @@ export const getActiveTokensAddressesForAllSafes: Selector<GlobalState, any, Set
   },
 )
 
+export const getBlacklistedTokensAddressesForAllSafes: Selector<GlobalState, any, Set<string>> = createSelector(
+  safesListSelector,
+  (safes: List<Safe>) => {
+    const addresses = Set().withMutations((set) => {
+      safes.forEach((safe: Safe) => {
+        safe.blacklistedTokens.forEach((tokenAddress) => {
+          set.add(tokenAddress)
+        })
+      })
+    })
+
+    return addresses
+  },
+)
+
 export default createStructuredSelector<Object, *>({
   safe: safeSelector,
   tokens: safeActiveTokensSelector,
+  blacklistedTokens: safeBlacklistedTokensSelector,
 })