ZKsync-based hybrid DEX GRVT completes $19 million Series A funding round
Source: CoinWorld
Time: 2025-09-19 06:08:16
GRVT is a hybrid decentralized exchange based on ZKsync that raised $19 million in Series A funding, led by ZKsync and Further Ventures, with EigenCloud and 500 Global. The platform combines the user experience of a centralized exchange (CEX) with the autonomous custody and privacy protection of a decentralized exchange (DEX) to provide cryptocurrency perpetual contracts, spot contracts and options products. CEO Hong Yea confirmed that the company is applying for licenses in several jurisdictions, including the EU MiCA and Dubai’s VARA. GRVT will use this funding for product development and expand into cross-chain interoperability and risk-weighted assets (RWA).