SVRN Strengthens NEAR’s Cross-Chain Infrastructure

SVRN, Inc., a publicly traded company focused on $NEAR, has completed an initiative to strengthen the infrastructure behind $NEAR Protocol’s Chain Signatures. The system allows users and AI agents to transact across more than 30 blockchain networks without separate wallets for each one. SVRN developed the funding program for the network’s 17 independent operators, helped approve it through $NEAR governance, and joined the network as an operator.

Chain Signatures splits cryptographic keys among 17 operators, with at least 11 required to approve a transaction. This design prevents any single operator from controlling the keys. It also allows $NEAR Intents, a system for settling transactions across networks, to operate without intermediaries such as bridges or custodians. The service has processed more than $34 billion in cross-network volume.

As part of the initiative, all operators moved their key shares into secure hardware environments based on Intel TDX. These environments prevent operators, hosting providers, and server operating systems from accessing the keys. They also produce cryptographic proofs that allow others to verify the software running inside. Trail of Bits has independently audited the network’s core components.

SVRN also led the process of evaluating operators before they joined the network. The funding program, known as HSP-007, was co-authored by SVRN CEO Sal Ternullo and approved by $NEAR’s House of Stake in February 2026. Operators receive monthly payments based on their actual uptime, with performance results published publicly.

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