OceanPal Secures $120 Million To Launch NEAR-Based Treasury Platform

As reported by Cointelegraph, OceanPal, a worldwide marine transportation business, has funded $120 million to establish a new NEAR token treasury management organization. This is a significant transition from conventional shipping operations to blockchain-based financial services, indicating increased business interest in decentralized finance (DeFi).

OceanPal Shifts From Shipping To Blockchain With $120M Raise

OceanPal announced that the $120 million financing would go toward the creation of a specialized treasury management platform based on the NEAR Protocol.

The future platform will include institutional-grade capabilities for managing tokenized assets, including staking, liquidity optimization, and smart contract-based fund governance.

According to the business, the effort intends to connect conventional corporate treasuries with DeFi systems, enabling enterprises to securely manage digital assets while ensuring compliance and transparency.

Traditional Firms Continue Their Move Into DeFi And Tokenized Treasuries

OceanPal’s strategic transition highlights a bigger trend of established businesses adopting the blockchain arena to upgrade their finance processes.

The choice to build atop the NEAR Protocol, which is recognized for its scalability and environmentally friendly architecture, puts the organization at the forefront of corporate blockchain usage.

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According to industry analysts, OceanPal’s action may motivate other firms to tokenize their treasuries, improve liquidity management, and implement blockchain-based transparency, opening the way for more integration between the TradFi and DeFi ecosystems.

OceanPal Prepares To Launch It’s NEAR-Based Treasury Platform In 2026

OceanPal expects to launch its first treasury management products in early 2026, with an emphasis on business adoption and regulatory-compliant DeFi solutions.

The company is also looking into collaborations with the NEAR Foundation and other blockchain developers to broaden its worldwide reach.

Experts told Cointelegraph that if OceanPal’s plan is successful, it might serve as a model for how established businesses can use blockchain to improve capital efficiency, transparency, and access to on-chain liquidity, paving the way for widespread corporate DeFi adoption.