NEAR Business Draws Several Million Dollars in Assets After Launch

NEAR Business has attracted several million dollars in assets, giving the protocol an early adoption marker for its treasury service across more than 35 blockchains, Harshit Tiwari, NEAR's vice president of growth, said. The platform launched Oct. 20 as an invite-only treasury service for companies operating across more than 35 blockchains. It supports payroll, vendor payments, swaps and treasury operations. Tiwari said interest has come from layer-one foundations and early-stage startups, and that some NEAR Intents partners are opening treasuries to collect and store fees. “Confidentiality should be the default,” Tiwari said.

Source: TokenPost