Decentralized exchange GRVT completed $19 million in Series A funding, led by ZKsync and Further Ventures

According to ChainCatcher, GRVT, a hybrid decentralized exchange based on ZKsync, announced the completion of a US$19 million Series A financing. The round was led by GRVT's technology partners ZKsync and Further Ventures, an investment company backed by Abu Dhabi's sovereign wealth fund. It is reported that the GRVT main network Alpha version was officially launched on Ethereum's second-layer network ZKsync at the end of 2024. As a hybrid decentralized exchange, GRVT aims to combine the high performance of centralized exchanges with the security and transparency advantages of decentralized exchanges to provide users with a better trading experience. GRVT plans to use new funds to expand its products and services, including cross-exchange vaults, cross-chain interoperability, options markets, actual assets, and more.