Grvt Raises $19M to Pioneer Privacy-First Onchain Finance
Grvt Raises $19M to Pioneer Privacy-First Onchain Finance
Key Takeaways
- Grvt closed a $19 million Series A round to expand its zero-knowledge-powered decentralised exchange.
- The raise was co-led by ZKsync, Further Ventures, EigenCloud, and 500 Global.
- Funds will fuel product development, privacy-first infrastructure, and global expansion.
Grvt, a decentralised exchange (DEX) built with zero-knowledge (ZK) technology, has raised $19 million in a Series A funding round. The raise strengthens its role as a pioneer in privacy-first onchain finance, positioning the platform as a blueprint for the next generation of financial systems.
The round was co-led by ZKsync, Further Ventures, EigenCloud, and 500 Global. The majority of the funds will accelerate Grvt’s product pipeline and strengthen its privacy-focused infrastructure, with additional investment directed towards global expansion and community growth.
Tackling Onchain Finance Challenges
As Ethereum’s onchain volume topped $320 billion in August, the highest since mid-2021, the industry’s growth has highlighted both opportunities and pain points. From MEV attacks and smart contract exploits to compliance hurdles and siloed ecosystems, decentralised platforms have faced barriers to mainstream adoption.
Grvt’s solution is a ZK-powered infrastructure that addresses privacy, security, scalability, and accessibility in one stack. By ensuring transactions are private while maintaining Ethereum-level security and near-instant execution, Grvt is creating an exchange that rivals the speed and experience of centralised platforms without sacrificing decentralisation.
Grvt’s Product Pipeline
The funds raised will accelerate Grvt’s multi-pronged product strategy designed to serve both active traders and passive investors:
- Fixed Yield Generation Flywheel: A first-of-its-kind system that automatically shifts funds across accounts to maximise returns.
- Privacy-First Infrastructure: Continued development of its ZKsync Validium-based infrastructure to ensure privacy by default.
- Stablecoin-Enabled Ecosystem: Expansion of vaults, cross-exchange systems, and real-world asset (RWA) integrations.
These innovations, coupled with institutional-grade compliance and advanced trading tools, put Grvt in a strong position to unify the fragmented onchain financial landscape.
Together, these raises underscore how capital is flowing into projects that combine scalability, compliance, and user trust—key pillars for taking blockchain finance mainstream.
More News: Synthesys secured $11 million in seed funding
What Makes Grvt Different?
Grvt, pronounced “gravity”, stands apart from existing DEXs through features including:
- Transaction Privacy: ZK Validium ensures trades are private and hidden from mempool exploitation.
- High-Performance Orderbook: An ultra-fast CLOB system capable of handling 600,000 transactions per second with latency as low as two milliseconds.
- Comprehensive Portfolio Tools: Built-in SPAN analysis, margining, and hedging functions, offering risk management tools similar to centralised exchanges.
- Options and Futures in One Place: A single venue for derivatives trading, unlike most onchain platforms where these products are siloed.
- Regulatory Compliance: Full KYC and AML standards, ensuring alignment with institutional and legal requirements.
Why Privacy Could Unlock the Future of Finance
For Grvt’s backers, privacy is the missing piece needed to unlock the trillion-dollar potential of onchain finance. Just as HTTPS enabled mainstream internet adoption, zero-knowledge proofs are expected to provide the same breakthrough for blockchain.
By combining privacy, scalability, and accessibility, Grvt is betting on a future where users—from institutions to everyday traders—can operate securely and efficiently in a global onchain financial ecosystem.
As CEO Hong Yea noted: “Onchain finance has been held back by privacy gaps that expose users to exploitation. By building a privacy-driven, scalable, and trustless DEX, Grvt is setting the new standard for secure and accessible markets.”
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