NEAR Protocol launched NEAR Business on October 20, 2026. The platform provides a private multisig dashboard for treasury management, targeting institutional desks, venture firms, and crypto-native startups. Access to the service is currently restricted to invited users.
The platform centralizes back-office operations, including payroll, vendor payments, capital allocation, and cross-chain swaps. It utilizes NEAR’s private shard infrastructure to maintain transaction confidentiality while ensuring data remains accessible for audits.
Each organization receives a self-custodial Treasury Contract on the NEAR mainnet based on SputnikDAO multisig principles. The system supports over 35 blockchain networks, including Bitcoin, Ethereum, and Solana, with compatibility for more than 200 assets.
Cross-chain transactions are executed via NEAR Intents, eliminating the need for third-party bridges. Finance teams can process bulk payroll through CSV uploads and implement role-based approval workflows for payments.
The service operates without subscription fees, per-seat charges, or annual contracts. Users pay a 0.35% fee on swaps. NEAR positions this offering as a cost-effective alternative to enterprise tools that typically cost over $18,000 per year.
