Singapore, Singapore, August 5th, 2024, Chainwire
The highly anticipated Open Beta Testnet of GRVT, the hybrid cryptocurrency exchange pronounced as “gravity” and powered by ZKsync’s Validium ZK Chain, is now live. This cutting-edge platform combines the best of centralized and decentralized exchanges, offering users self-custody of assets, off-chain order matching, and on-chain settlements at an impressive speed of 600,000 transactions per second (TPS).
GRVT’s unique model ensures fast transaction processing while maintaining the security and transparency of blockchain settlements. To celebrate the launch of the Open Beta Testnet, GRVT is offering exclusive rewards to early participants:
- First 30,000 users to complete KYC verification can win from a pool of 2.4 million $ZK tokens and 600,000 raffle tickets.
- Immediate claim of raffle tickets upon verification.
- Participate on Mainnet Day 1 to claim $ZK tokens (details to be announced later).
“GRVT aims to revolutionize financial markets by integrating blockchain technology and self-custody solutions into both TradFi and DeFi,” said Hong Yea, Co-Founder and CEO of GRVT. “We are thrilled to open our platform to the public. By applying blockchain settlement and trustless risk management to centralized order book infrastructure, GRVT is transforming trading and investment while upholding traditional security controls. I believe this approach, starting with crypto markets, can reshape the entire financial landscape.”
Backed by Matter Labs, the creator of ZKsync, and supported by industry partners like Delphi Ventures, Matrix Partners, and Hack VC, GRVT is set to redefine the way trading and investment are approached in the financial world.
For more information and to join the GRVT community, visit grvt.io.
About GRVT
GRVT (pronounced “gravity”) is a hybrid derivatives exchange enabling off-chain order matching and on-chain settlements at 600,000 TPS. Founded in 2022 and backed by Matter Labs, GRVT is ZKsync’s first official Validium ZK Chain. The mission of GRVT is to democratize the financial market with secure, self-custodial solutions, providing a safe, efficient, and simple trading environment for all users.
ContactReed LiGRVTpress@grvt.io