BlockBeats News, September 19, the hybrid crypto trading platform GRVT announced the completion of a $19 million Series A funding round, led by ZKsync and Further Ventures, with participation from EigenCloud and 500 Global.
The new funding will help GRVT expand its product range, covering cross-platform vaults, cross-chain interoperability, and plans to utilize EigenDA's programmable privacy features.
GRVT combines the user experience and compliance of a CEX with the self-custody features of a DEX. Its mainnet Alpha version went live on ZKsync by the end of 2024, with the trading offering expanding from cryptocurrency perpetual contracts to spot and options.
Currently, GRVT is applying for operational licenses in multiple jurisdictions and had obtained a VASP license in Lithuania as early as 2023. Previously, GRVT raised approximately $14.3 million through multiple funding rounds and raised $2.2 million in March 2024 through a private token sale.