> ## Documentation Index > Fetch the complete documentation index at: https://docs.business.near.com/llms.txt > Use this file to discover all available pages before exploring further. # What is a Treasury? > Treasuries can help teams to manage all their assets securely and privately A treasury lets teams manage crypto assets across multiple chains while keeping their financial data private. Only treasury members can view this information. Under the hood, each treasury is a multisig wallet in which members have specific roles. Every action starts as a proposal, which eligible members review and vote on before it can be executed. NEAR Business is non-custodial, which means we do not have access to your private keys or funds. Your team retains full control over your assets. *** ## Confidential Treasuries In NEAR Business all **treasuries are confidential**, which differ from classic public treasuries in that all financial data is **visible only to team members**. | Feature | Public Treasuries | NEAR Business | | ---------------------------------------------- | ------------------------ | -------------------------- | | Team members | 🌐 Visible to anyone | 🌐 Visible to anyone | | View the treasury funds | 🌐 Visible to anyone | 🔒 Only the team | | View payment requests (current and historical) | 🌐 Visible to anyone | 🔒 Only the team | | View swap requests (current and historical) | 🌐 Visible to anyone | 🔒 Only the team | | How transactions are handled | 🌐 Through public chains | 🔒 Through a private shard | Learn more about confidential treasuries in our [Confidential Treasuries section](/confidential-treasuries). *** ## Chains & Assets Treasuries can hold crypto assets on multiple chains, helping teams to manage all their funds from a **single platform**, thus **without needing to use multiple wallets**. New chains and assets are being added regularly, so if you don't see a specific chain or asset supported, please reach out to us and let us know! *** ## Team Members & Roles A treasury is composed of multiple members, and each member can be assigned multiple [roles and permissions](/governance/members-and-roles). There are three main roles in a treasury: Manages team members and configuration, without handling day-to-day fund requests Creates fund-related proposals such as payments and swaps, with no voting power Reviews and votes on fund-related proposals, cannot manage governance settings Team members can be assigned multiple roles, for example a member can be both Governance and Finance, which means they can manage team members and also vote on proposals. *** ## Governance & Proposals In a treasury, nobody can take unilateral decisions regarding the management of funds or team members. Instead, each treasury defines a minimum number of members that need to be in agreement to perform a certain action - this is called the voting threshold. All actions - be it making a payment, swapping tokens, or managing team members - need to be **first proposed**, and relevant team members get to vote on them. If a proposal reaches the required voting threshold, then it gets executed automatically by the system. This way, treasuries ensure that all decisions are made collectively, thus minimizing risks and maximizing security. *** ## Security Model NEAR Business secures treasuries through three mechanisms: 1. **Multiple members** – actions require approvals from more than one wallet 2. **Roles** – limit what actions each wallet can perform 3. **Voting thresholds** – define how many approvals are required for an action to be executed *** ## Frequently Asked Questions A treasury is a wallet on its own, so you would need to deposit funds into the treasury to be able to use them. Once the funds are in the treasury, they can be managed by the team according to the defined roles and voting rules. The treasury funds are held by the treasury, which is a multisig wallet smart contract on NEAR. The treasury is controlled by your team members through governance. The NEAR Business team does not custody your keys or funds, nor does it have access to them. Your funds remain on-chain and under the treasury control. Team members can use alternative interfaces or command-line tooling to keep managing the treasury. If you previously created a `.sputnikdao.near` DAO, just sign in with the same account that created it and your treasury will be there, ready to use. For other treasury types, we do not currently offer a migration tool. Feel free to contact us so we can discuss your specific case and see how we can help. *** ## Ready to get started? [Create your treasury now](https://business.near.com/) and start managing your team's crypto assets securely and collaboratively!