NEAR Protocol Launches Business Treasury Platform
The new platform enables secure treasury management across over 35 blockchain networks for crypto teams and institutions.
Updated on Oct. 20, 2026 in Startups
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NEAR Protocol has introduced NEAR Business, a platform designed for institutional treasury management and crypto-native teams. The service supports more than 200 assets and provides private transaction infrastructure.
Why it matters
The platform addresses a market need for secure, private financial management tools for blockchain-based organizations. By avoiding traditional subscription fees, it seeks to offer a more accessible alternative to current enterprise offerings that can cost over $18,000 annually.
The platform supports transactions across more than 35 blockchain networks and over 200 assets. Cross-chain swaps are processed at a 0.35% fee without recurring subscription or per-seat costs.
The players
NEAR Protocol
NEAR Protocol is a high-performance blockchain network that focuses on usability and scalability for decentralized applications.
The details
NEAR Business utilizes private shard infrastructure for transaction privacy and employs NEAR Intents to facilitate cross-chain swaps without relying on third-party bridges. Treasury contracts are secured through SputnikDAO multisig principles, and organizations can process bulk payroll via CSV uploads.
Timeline
NEAR Business platform launched on October 20, 2026.
Market Landscape
This release marks a shift toward specialized, institutional-grade tooling within the decentralized finance sector. By leveraging the SputnikDAO multisig framework, it positions the platform to compete directly with legacy financial management software.
Institutional users and crypto teams gain access to a fee-free treasury management environment that eliminates the high cost of competing enterprise software. Interested organizations must currently request an invitation to utilize the platform's payroll and asset management features.
The takeaway
NEAR Business demonstrates a shift toward more transparent and cost-effective financial infrastructure for blockchain entities. Teams should evaluate how integrating native intent-based swaps could simplify their cross-chain treasury operations.
Further reading
Learn more about the latest innovations in the ecosystem in our Startups section.
Live Poll
Do you trust private, decentralized dashboards for managing your organization's financial treasury?
