What Does NEAR Protocol Do?

Total employees154
HeadquartersZug
Founded2018

NEAR Protocol is a sharded, developer-friendly, proof-of-stake public blockchain. It's designed to be a highly scalable and low-cost platform for decentralized applications (dApps). NEAR focuses on usability for both developers and end-users, aiming to bridge the gap between the complex world of blockchain and mainstream adoption. It is supported by the NEAR Foundation, a Swiss non-profit that supports community-driven innovation and the NEAR ecosystem. Key features include human-readable account names, progressive security, and a focus on chain abstraction to simplify user experience across multiple blockchains.

Where Is NEAR Protocol's Headquarters?

HQ Function

Serves as the administrative, strategic, and funding hub for the NEAR Foundation, coordinating ecosystem development, grants, partnerships, and community initiatives for the NEAR Protocol.

Notable Features:

Located within Switzerland's 'Crypto Valley,' offering proximity to a vibrant ecosystem of blockchain companies, talent, and supportive regulatory frameworks.

Work Culture:

The NEAR Foundation fosters a culture of innovation, collaboration, and decentralization. It supports a global, remote-first community with an emphasis on open-source principles and community-driven governance.

HQ Significance:

Its location in Zug provides legitimacy, access to a global financial and tech talent pool, and a stable regulatory environment conducive to blockchain innovation.

Values Reflected in HQ: Transparency, openness, community empowerment, and sustainable development are reflected in the Foundation's mission and its choice of a globally recognized hub for innovation.

Location:

NEAR Protocol has a significant global presence, driven by its decentralized nature and the efforts of the NEAR Foundation. Functions supported globally include core protocol development, dApp creation, validator operations, community building, education, and ecosystem funding. Active communities and development efforts span North America, Europe, Asia (particularly East and Southeast Asia), and increasingly, other regions. The Foundation supports this through online initiatives, global hackathons, grant programs, and by empowering regional hubs.

Street Address:

Dammstrasse 16

City:

Zug

State/Province:

ZG

Country:

Switzerland

Where Else Does NEAR Protocol Operate Around the World?

Global (Remote-First)

Address: N/A - Distributed team

Enables access to a global talent pool and fosters a worldwide community. Regional hubs and guilds often form organically or with Foundation support in key tech centers like San Francisco (USA), Lisbon (Portugal), Seoul (South Korea), and various locations in Southeast Asia and Europe to support local ecosystem growth.

Buying Intent Signals for NEAR Protocol

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Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading NEAR Protocol? Meet the Executive Team

As of April 2025, NEAR Protocol' leadership includes:

Illia Polosukhin - Co-Founder, NEAR Protocol
Alexander Skidanov - Co-Founder, NEAR Protocol
Chris Donovan - CEO, NEAR Foundation
Kendall Cole - Chief of Staff, NEAR Foundation
Aliaksandr ‘Sasha’ Hudzilin - Head of Human Resources, NEAR Foundation

Who's Investing in NEAR Protocol?

NEAR Protocol has been backed by several prominent investors over the years, including:

Andreessen Horowitz (a16z)
Pantera Capital
Electric Capital
Dragonfly Capital
Coinbase Ventures
Tiger Global Management
Mechanism Capital
Fabric Ventures
AmpliFi Capital
MetaWeb Ventures
Blockchange Ventures

What Leadership Changes Has NEAR Protocol Seen Recently?

Hire1
Exits1

Over the past year, the most notable executive change at the NEAR Foundation was the appointment of a new CEO, Chris Donovan, following the departure of Marieke Flament.

Departures

Marieke Flament, Marieke Flament stepped down as CEO of the NEAR Foundation to pursue other opportunities.

New Appointments:

Chris Donovan, Chris Donovan, with prior experience within the NEAR ecosystem, was appointed as CEO of the NEAR Foundation.

What Technology (Tech Stack) Is Used byNEAR Protocol?

Discover the tools NEAR Protocol uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

NEAR Protocol Email Formats and Examples

Email addresses associated with the NEAR Foundation, which supports the NEAR Protocol, typically use the @near.foundation domain. Common formats include first name initial followed by last name, or first name dot last name.

f[last]@near.foundation or [first].[last]@near.foundation

Format

j.doe@near.foundation

Example

70%

Success rate

What's the Latest News About NEAR Protocol?

CointelegraphJune 12, 2024

NEAR Protocol launches new layer for 'chain abstraction'

NEAR Protocol has unveiled a new solution aimed at simplifying user interaction with multiple blockchains, focusing on 'chain abstraction' to allow users to interact with dApps across different networks without needing to manage multiple wallets or be aware of the underlying chain....more

BlockworksMay 29, 2024

NEAR Foundation partners with Nexo to integrate NEAR into its offerings

The NEAR Foundation announced a strategic partnership with digital assets institution Nexo. The collaboration will see NEAR integrated into Nexo’s suite of products, enhancing accessibility for Nexo's user base....more

NEAR BlogMay 15, 2024

NEARCON 2024: Lisbon Announced as Host City for NEAR's Flagship Event

The NEAR Foundation has officially announced that NEARCON 2024, its annual global community event, will take place in Lisbon, Portugal. The event aims to bring together developers, entrepreneurs, and enthusiasts to discuss the future of Web3 and the NEAR ecosystem....more

DecryptApril 24, 2024

NEAR Protocol's Decentralized Stablecoin USN to Be Shut Down

The USN Protection Programme announced that USN, a decentralized stablecoin on the NEAR Protocol, will be wound down due to under-collateralization risks. Measures are being put in place to ensure users can redeem USN....more

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