NEAR launches NEAR Business, a confidential multisig treasury for crypto teams
NEAR launched NEAR Business, a confidential multisig treasury that lets teams pay staff and vendors, swap and allocate capital across 35+ chains with every action approved by their signers. It is free to start and invite-only for now.
According to the NEAR blog post 'Introducing NEAR Business' (Oct 20, 2026), NEAR Business is a confidential multisig treasury for crypto-native teams. Teams can make single and bulk payments, swap across chains, allocate capital and fund treasuries across 35+ supported chains from one dashboard, with every move approved under rules they set. Each treasury is governed by a SputnikDAO multisig contract on NEAR mainnet; approved requests are signed by NEAR's MPC network and settled through NEAR Intents, with balances and payments handled on a confidential shard so amounts and recipients aren't publicly exposed while approvals remain verifiable onchain. NEAR says there are no subscription or per-seat fees, it covers gas for the first 1,000 actions each month, and swaps carry a 0.35% fee. Access is currently invite-only while NEAR onboards a small group of teams.
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