NEAR launches crypto treasury platform with private payments across 35 blockchains

NEAR Protocol has launched NEAR Business, a confidential multisig treasury platform that allows crypto companies and institutions to manage payments, assets and capital allocations across more than 35 blockchains. The new platform, announced Tuesday, supports Bitcoin, Ethereum, Solana, NEAR and assets on networks including Arbitrum, Base, Avalanche, XRP Ledger, Sui and TON. NEAR Business allows teams to pay employees and vendors, execute swaps and manage treasury balances through a single dashboard, with transactions requiring approval under rules established by each organization. Unlike traditional public blockchain wallets, the platform keeps transaction amounts, recipient information and treasury balances confidential while maintaining publicly verifiable governance records. The service is initially available through an invitation process, with interested organizations required to request access through the NEAR Business website. NEAR Intents powers confidential treasury operations NEAR Business operates through NEAR Intents, the protocol’s infrastructure for executing transactions across multiple blockchains without requiring users to interact directly with bridges. Each treasu...