NEAR Launches Confidential Multi-Signature Vault Platform NEAR Business Supporting 35 Chains

NEAR Protocol has launched the confidential multi-signature vault management platform NEAR Business, aimed at crypto-native teams and institutions. The platform supports handling payroll, vendor payments, cross-chain exchanges, and fund allocations all within a single dashboard, covering over 35 blockchains including Bitcoin, Ethereum, and Solana, as well as more than 200 assets. Cross-chain transfers are completed through NEAR Intents. The platform operates on NEAR's private sharding infrastructure, ensuring transaction details are confidential yet available for auditing, and is free to use with a 0.35% fee for exchanges, currently limited to invite-only access.

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