Grvt has completed a $19 million Series A financing round with investors including ZKsync, Further Ventures, EigenCloud, etc., leading privacy-first on-chain finance and opening a new chapter in the trillion-dollar market
Grvt, an on-chain privacy decentralized trading platform based on zero-knowledge proof (ZK) technology, today announced the completion of a $19 million Series A financing. This investment solidifies GRVT's position as a pioneer in the global financial future blueprint and accelerates its mission to disrupt the existing fragmented on-chain financial ecosystem by addressing long-standing industry challenges such as privacy vulnerabilities, security, scalability, and ease of use.
As Wall Street embraces blockchain technology, a new chapter in global finance is being written on-chain. In August, Ethereum's on-chain trading volume reached over $320 billion, the highest level since mid-2021. The study also predicts that the decentralized finance (DeFi) sector will soar from $32.36 billion in 2025 to over $1.5 trillion by 2034.
However, this potential has not yet been fully unleashed due to a series of issues that have arisen on the decentralized...