NEAR launches confidential multisig vault platform NEAR Business, supporting more than 35 chains.

PANews October 21 news, according to Crypto Briefing, NEAR Protocol has launched NEAR Business, a confidential multi-signature treasury management platform for crypto-native teams and institutions. It supports payroll distribution, vendor payments, cross-chain swaps, and capital allocation within a single dashboard, covering more than 35 blockchains including Bitcoin, Ethereum, and Solana as well as over 200 assets, with cross-chain transfers completed through NEAR Intents. The platform runs on NEAR's private sharding infrastructure, keeping transaction details confidential while remaining auditable; the platform is free to use, charges a 0.35% fee on swaps, and is currently invite-only.