NEAR launched NEAR Business on Oct 20, 2026 as a confidential multisig treasury for crypto teams, announced by NEARProtocol with details in its launch article and live at business.near.com.

It lets teams pay staff and vendors, run bulk payroll via CSV, swap across chains, and allocate capital across 35+ chains from one dashboard, with every move under team-defined signer rules and built on NEAR Intents.

Confidential means amounts, assets and recipients stay hidden from public chain observers while members, roles and votes stay onchain for auditors, and payouts to public wallets come from a business.near.com settlement account rather than the treasury address.

Funds sit in a self-custodial SputnikDAO-style Treasury Contract, NEAR Business holds no unilateral key, and privacy uses Confidential Intents per the supplied summary.

Pricing per NEAR is free to start with no subscription or per-seat fees, gas covered for first 1,000 actions per month, and 0.35% swap fee (pricing post). It is invite-only for early access (access post).

The site cites $34B+ Intents all-time volume and $150M+ confidential TVL as of Oct 15, 2026 and targets foundations, DAT companies, funds, desks and family offices. The sources do not state contract addresses or whether this rebrands the similar Trezu stack.