🚀 Grvt (Gravity) Raises $19M for Privacy-Focused DEX
🔹 Funding: $19M Series A, co-led by ZKsync, Further Ventures, EigenCloud & 500 Global.
🔹 Tech: Built on ZKsync Validium L2 using zero-knowledge (ZK) proofs 🔒
✅ Ethereum-level security
✅ Private transactions
✅ Low settlement costs
🔹 Goal: Solve barriers in on-chain finance — privacy, scalability & accessibility.
🔹 Vision: "Privacy is uncompromising for the future of trading" – CEO Hong Yea.
🔹 Market Context: Ethereum activity resurging 📈 ($320B volume in Aug, highest since 2021).
🔹 Potential: Becoming a liquidity hub 🌍 for a trillion-dollar on-chain finance market with:
Cross-exchange vaults 💼
Cross-chain interoperability 🌐
Real-world assets 🏦
Structured options 📊
✨ Grvt is positioning itself as a next-gen privacy-first DEX powered by ZK cryptography.
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