Grvt has successfully raised a $19 million Series A funding round, with investors including ZKsync, Further Ventures, EigenCloud, among others, leadi

The on-chain privacy decentralized transaction platform Grvt, based on Zero Knowledge Proof (ZK) technology, announced today that it has completed a $19 million Series A funding round. This investment solidifies Grvt's position as a pioneer in the global future of finance and accelerates its mission to disrupt the existing fragmented on-chain financial ecosystem by addressing long-standing industry challenges such as privacy vulnerabilities, security, scalability, and usability.

As Wall Street embraces blockchain technology, a new chapter in global finance is being written on-chain. In August of this year, Ethereum's on-chain transaction volume exceeded $320 billion, reaching its highest level since mid-2021. Research also predicts that the Decentralized Finance (DeFi) sector will surge from $323.6 billion in 2025 to over $15 trillion in 2034.

However, despite the series of issues on decentralized platforms, this potential has not yet been fully realized. These issues include "whale hunting," where large transactions are front-run or exploited by sophisticated traders scanning the mempool. Such strategies result in billions of dollars in losses annually due to Maximum Extractable Value (MEV) attacks and other manipulative behaviors. Additionally, challenges such as smart contract vulnerabilities, compliance hurdles on public chains, isolated on-chain ecosystems, and a lack of user-friendliness for the average user are widespread.

Grvt is the only participant in the field with a solid first-mover advantage and technological infrastructure to change this status quo. This round of funding was co-led by Grvt's core technology partner ZKsync and Abu Dhabi-based capital market infrastructure investment firm Further Ventures. Further Ventures previously led Grvt's strategic investment round in December of last year. Other participating investors include the decentralized verifiable cloud platform EigenCloud (formerly EigenLayer) and 500 Global (formerly 500 Startups), a venture capital firm managing $2.3 billion in assets and focusing on global entrepreneurs.

Most of the raised funds will be used to accelerate Grvt's multi-pronged product strategy, aimed at serving both active traders and passive investors simultaneously. This unique approach is missing in the current trading platform space, thereby solidifying Grvt's unified and dominant position in the fragmented on-chain financial landscape and propelling it toward a mainstream unique position. Key product lines include:

· Fixed Yield Generation Flywheel: The industry's first yield tool that allows users to easily transfer funds between their capital, trades, and treasury accounts to maximize returns.

· Infrastructure: Continuously strengthen Grvt's default privacy infrastructure, which is currently lacking in the industry.

· Stablecoin Empowerment System: Robust stablecoin business foundation, including cross-exchange treasury and real-world asset (RWA) integration.

Strong Partnership, Accelerating On-chain Finance Progress

Through zero-knowledge proof technology and leveraging ZKsync technology that has been conceptually validated by institutions such as Deutsche Bank and UBS, Grvt is building a blockchain-native global paradigm, showcasing the potential of ZK technology in the financial sector, making daily transactions and investments secure, fast, private, and inclusive.

The ZKsync technology stack helps address key bottlenecks in on-chain finance:

· Privacy: Grvt is built on a Validium second-layer blockchain based on ZKsync, keeping data private while maintaining verification state, ensuring privacy and addressing the long-standing challenge faced by DeFi protocols.

· Ethereum-level Security: Second-layer transactions inherit Ethereum's security through ZK proofs. All transaction batches are verified on Ethereum, ensuring their validity through mathematical proofs even when transactions are settled off-chain to improve speed and reduce costs.

· Scalability: As a second-layer solution, ZKsync significantly enhances scalability, able to process a much higher transaction volume than the Ethereum mainnet.

· Accessibility: By batch processing off-chain and submitting only necessary proofs to Ethereum, settlement costs are significantly reduced, making transactions cheaper.

As a strategic investor in Abu Dhabi's blockchain initiative, Further Ventures' lead position further solidifies its key role in the global development of on-chain finance.

At the same time, the rapidly growing developer ecosystem EigenCloud provides scale and security for Grvt. Its core product EigenDA is the preferred data availability solution for Ethereum Rollups. By anchoring data with a distributed validator network, EigenDA ensures that Grvt's ZK technology stack is both verifiable and scalable. In the future, Grvt will also leverage EigenDA's programmable privacy features to address the long-standing conflict between data availability and privacy.

Investor and Founder Team Comments

· Grvt Co-founder and CEO Hong Yea: "Privacy is the uncompromising cornerstone of on-chain transactions and investments' future. Grvt is building a privacy-centric, scalable, and trustless DEX, offering diversified structured products, demonstrating how ZK solutions are becoming the new norm, driving an open and secure on-chain financial world. This funding round is a strong endorsement of our vision."

· Matter Labs Co-Founder and CEO Alex Gluchoski: "We believe ZK is the 'HTTPS moment' for the encryption industry. Just as HTTPS mainstreamed the internet by increasing trust and privacy, ZK will bring a similar turning point to Web3. Grvt is uniquely positioned at the core of this vision."

· Further Ventures Managing Partner Faisal Al Hammadi: "Further Ventures is committed to supporting the new generation of financial infrastructure. Grvt's application of zero-knowledge proofs showcases how cutting-edge cryptography supports institutional-grade markets, and we are proud to partner with them to build a borderless financial system."

· Eigen Labs Founder and CEO Sreeram Kannan: "Verifiable data drives verifiable computation. With EigenDA reaching 100 MB/s, the bottleneck has shifted from data to computation. Grvt is tackling this frontier head-on, with its team's strength aligning closely with the vision."

· 500 Global Partner Min Kim: "We firmly believe that the next frontier of finance will be built on-chain, with privacy being key to unlocking its full potential. Grvt's vision of combining ZK technology with institutional-grade infrastructure aligns well with our support for global entrepreneurs rebuilding the financial system."

Looking Forward

Grvt is built on a foundation of multiple industry-first innovations—such as offering a -1 basis point maker fee rebate for all orders, a benefit traditionally limited to institutions. Its next step is to immediately launch fixed-income products. This product will ensure all users receive a 10% interest rate return. We will also introduce the flagship market-making strategy, Grvt Liquidity Provider (GLP), which offers retail traders a high double-digit Annual Percentage Rate (APR) fund strategy, a category of strategy previously out of their reach.

Against the backdrop of rapid industry growth, this financing round establishes a solid multi-tiered foundation. It combines cutting-edge technology, institutional-grade infrastructure, and a secure data framework to create a platform that solidifies its strong position in the increasingly crowded field of on-chain finance.

About Grvt

Grvt (pronounced "gravity") is built on the ZKsync technology stack, providing a privacy-preserving, trustless, scalable, and secure on-chain financial infrastructure. Through its decentralized exchange (Grvt Exchange) and investment marketplace (Grvt Strategies), Grvt enables every user to transparently trade and invest alongside global professionals.

This article is contributed content and does not represent the views of BlockBeats.