ShieldFi Joins Forces with Near Intents to Enable Confidential Multichain Trading
Near Intents has integrated ShieldFi's confidential swap capabilities with its existing multichain execution infrastructure. This integration allows for private cryptocurrency swaps across more than 30 blockchain networks, expanding the use of intent-based execution for multichain trading.
The connection between ShieldFi and Near Intents enables users to access confidential swap functionality while benefiting from multichain liquidity. This approach could reduce operational difficulties associated with trading assets across separate blockchain ecosystems.
The integration highlights the growing demand for transaction privacy in decentralized finance, as some traders and institutions prefer greater confidentiality around their trading activity.