NEAR co-founder Illia Polosukhin said at the 2026 Digital Asset Summit in Singapore on Oct. 7 that expanding onchain tools are making centralized exchanges less necessary for many crypto activities. He said near.com now brings cross-chain spot trading, tokenized stocks, yield products, and perpetual contracts into one interface, while the platform is also working on bank withdrawals, tax transaction records, and selective disclosure for private transactions. Polosukhin added that more fiat-related features are on the way.
He said NEAR has partnered with Monerium to let users convert between euros held in bank accounts and EURe through IBAN, with the longer-term goal of enabling "any asset to any asset" swaps through NEAR Intents. He also said near.com began offering tokenized stocks after integrating Ondo Finance in September and plans to add equities from more markets globally. On AI, Polosukhin said, "AI is the frontend, blockchain is the backend." He added that NEAR's Agent Market extends the intents model to natural-language tasks, allowing users to describe what they want while the platform finds agents that can execute the job, with funds held in escrow and released after completion and verification.
NEAR co-founder Illia Polosukhin said on Oct. 7 at the 2026 Digital Asset Summit in Singapore that the expansion of onchain tools is reducing the need for centralized exchanges in many crypto activities.
near.com is combining trading, tokenized assets, and fiat functions
Polosukhin said near.com has brought cross-chain spot trading, tokenized stocks, yield products, and perpetual contracts into a single interface. He said the platform is also working on bank withdrawals, tax transaction records, and selective disclosure for private transactions.
He added that near.com will roll out more fiat-related features.
Monerium partnership supports euro and EURe conversion through IBAN
According to Polosukhin, NEAR has partnered with Monerium to support conversions between euros in users' bank accounts and EURe through IBAN. He said the end goal is for NEAR Intents to support swaps from "any asset to any asset."
Tokenized stocks went live after Ondo Finance integration in September
Polosukhin said near.com started offering tokenized stocks after integrating Ondo Finance in September, and the platform plans to add stocks from more markets around the world.
He also said, "AI is the frontend, blockchain is the backend."
Agent Market extends the intents model to natural-language tasks
He said NEAR's Agent Market expands the intents model into natural-language tasks. Users can describe what they want done, and the platform will find agents capable of carrying out the task. Funds are held through an escrow mechanism and released after the task is completed and verified.
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