NEAR says financial privacy is key to bringing business treasuries onchain

NEAR Protocol has argued that stronger financial privacy is essential to drawing corporate treasuries onto public blockchains, positioning confidentiality as a prerequisite for business adoption rather than a niche feature. The chain contends that onchain treasuries can only scale if companies can shield transaction details while still satisfying regulatory compliance requirements. The push comes as blockchain networks compete to capture institutional and enterprise capital, with privacy increasingly framed as a differentiator for attracting business deposits. NEAR’s stance highlights the tension between transparency, a core blockchain property, and the confidentiality that corporate finance teams require. What to watch next is whether NEAR and rival networks ship privacy tooling that regulators and enterprises will accept.