NEAR Protocol debuts confidential multisig treasury platform

NEAR Protocol launched NEAR Business, a confidential multisig treasury platform for managing payments, swaps, and assets across 35+ blockchains. The invite-only service offers privacy, multisig approvals, and a unified dashboard.

NEAR Protocol has introduced NEAR Business, a confidential multisig treasury platform tailored for crypto-native teams and institutions. This platform enables users to manage payments, swaps, payroll, and fund allocations across more than 35 blockchains—including Bitcoin, Ethereum, Solana, and NEAR—through a unified dashboard. NEAR Business features multisig approvals, requiring authorization from designated signers for all transactions. It ensures confidentiality by concealing transaction amounts, recipients, and treasury balances, while keeping governance records publicly auditable. Built on NEAR’s private sharding infrastructure, the platform supports over 200 assets. Access to NEAR Business is currently by invitation only. There are no subscription or user fees, with network costs covered for the first 1,000 monthly actions and a 0.35% fee applied to swaps. NEAR Business aims to provide organizations with a secure, efficient, and flexible solution for managing crypto treasury operations with enhanced privacy and control.