NEAR
The blockchain for AI — unified commerce layer for assets and agents
Crypto
📍 San Francisco, CA
Founded 2018
Current Valuation
$10B
as of 2022-Q2
DECACORN
NEAR is a layer-1 blockchain originally launched in 2020 by former Google Brain researcher Illia Polosukhin (a 'Attention Is All You Need' Transformer paper co-author). NEAR pivoted in 2024-25 to position itself as the blockchain for AI agents, with infrastructure for autonomous transactions and cross-chain commerce. Last equity round priced at $10B in April 2022.
Company Profile
Growth
Two different numbers describe NEAR and they are far apart: the $10B is the April 2022 Tiger Global-led equity round, while the NEAR token — the actual traded claim on the network — carried a market capitalisation of roughly $2.2B in August 2026, about 92% below its $20.44 all-time high
Last Round
Series strategic — $350M (Apr 2022) · Lead: Tiger Global
IPO Status
no imminent plans
Fundraising Status
Series strategic · $350M · 4y 4mo ago
no imminent plansTotal raised $533M
Latest Funding Round
| Round | Amount | Date | Lead Investor | Post-Money |
|---|
| Series strategic | $350M | Apr 2022 | Tiger Global | — |
Founders & Key People
Illia PolosukhinAlexander Skidanov
Investors
Tiger Global · Andreessen Horowitz · Three Arrows Capital · FTX Ventures · Republic Capital
Products
- NEAR Protocol L1
- NEAR AI agent stack
- Chain Signatures
- NEAR Intents
Competitors
Solana · Aptos · Sui · Ethereum L2s
CryptoBlockchainAIL1Decacorn
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2022-Q2. Refreshed quarterly.