SVRN Leads Initiative Strengthening Infrastructure Behind NEAR's Cross-Network Transactions
SVRN completed an initiative it led to build out and secure the 17-operator multi-party computation network behind NEAR Protocol's Chain Signatures, which enables transactions across more than 30 blockchain networks. SVRN authored the HSP-007 incentive program funding the operators, led it through NEAR's House of Stake governance (approved February 2026), vetted each operator, and now runs its own node, live since July 2026. The migration moved all key shares into Intel TDX trusted execution environments, with core components independently audited by Trail of Bits, enabling confidential transactions on NEAR.
Key figures
- Mpc operators
- 17
- Node live since
- July 2026
- Hsp 007 approved
- February 2026
- Near tokens held
- more than 55 million
- Target operators
- 21
- Signing threshold
- at least 11 of 17 operators
- Networks supported
- more than 30 blockchain networks
- Near intents volume
- more than $34 billion
AI analysis
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