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NEAR Protocol

NEAR

Layer 1 · Built in London · NEAR One Limited

Delisted

Delisted on 2026-09-14

Neither the principal protocol contributor nor the foundation is a US entity. NEAR One Limited is registered in the United Kingdom with its principal place of business in London, and the NEAR Foundation is based in Switzerland, so Tests 1 and 4 and the foundation carve-out fail. The record stays up for transparency; this is not a current US listing.

The verdict on record

Pathway: Foundation with a US principal contributor. Needs Tests 1 and 4, plus 2 or 3.

  1. Test 1 · not met

    Headquartered in the United States

    NEAR One Limited is not recorded with a US headquarters.

  2. Test 4 · not met

    Registered in a US state

    NEAR One Limited is registered in GB, not a US state.

  3. Test 2 · not met

    American founding team

    0 of 2 named founders are established US persons holding operational roles today; a majority is required.

  4. Test 3 · not met

    Primary operations in the United States

    No US primary-operations claim is supported by a primary document or two independent sources.

Legal entities

NEAR One Limited

United Kingdom · principal contributor · London

3 sources· 2 primary

NEAR Foundation

Switzerland · foundation

1 source

Founders

Illia Polosukhin

US status not established · no operating role today

1 source

Alexander Skidanov

US status not established · no operating role today

1 source

Record history

  1. 2026-09-14 · delisted

    Delisted: principal contributor NEAR One Limited is UK-registered and the NEAR Foundation is Swiss; no US operating entity or principal contributor remains.

  2. 2026-09-14 · correction

    Principal contributor corrected from NEAR Inc. (San Francisco) to NEAR One Limited (UK, London), the protocol R&D team spun out of Pagoda, which wound down its operations; removed unsourced HQ, audits and investors.

  3. 2026-04-29 · listed

    Listed in the v0.1 allowlist.

Full registry changelog
Not currently verifiedVerified by USCC research pass 2026-09-14 (AI-assisted; pending editorial sign-off)

About NEAR Protocol

NEAR is a sharded Layer 1 network founded by Illia Polosukhin and Alexander Skidanov. Protocol research and development is led by NEAR One Limited, a UK company with its principal place of business in London. The NEAR Foundation is a non-profit based in Switzerland.