Loading article…
Grvt raises $19M in Series A funding to pioneer privacy-first onchain finance, targeting $1.5 trillion DeFi market, with Ethereum's onchain volume reaching
Grvt, a decentralized exchange for onchain financial privacy, has raised $19 million in a Series A funding round, co-led by ZKsync, Further Ventures, EigenCloud, and 500 Global, to strengthen its position as a global blueprint for the future of finance [1]. This investment aims to address longstanding industry challenges, including privacy vulnerabilities, security, scalability, and accessibility, and unlock the potential of the $1.5 trillion DeFi market by 2034.
| At a glance | |
|---|---|
| Funding amount | $19 million |
| Ethereum's onchain volume | $320 billion |
| Projected DeFi market size by 2034 | $1.5 trillion |
| Funding round leaders | ZKsync, Further Ventures, EigenCloud, and 500 Global |
The funding round is a significant milestone for Grvt, which is pioneering privacy-first onchain finance using zero-knowledge technology [1]. The investment will accelerate Grvt's multi-pronged product strategy, designed to serve both active traders and passive investors, and solidify its position as a leader in the fragmented onchain financial landscape. The majority of the funds raised will be used to strengthen Grvt's privacy-by-default infrastructure, develop a stablecoin-enabled system, and introduce a fixed-yield generation flywheel [2].
Grvt's unique approach, which combines zero-knowledge technology with institutional-grade infrastructure, is expected to dominate and unify the fragmented onchain financial landscape [1]. The company's use of ZKsync technology, which provides Ethereum-level security, scalability, and accessibility, sets it apart from other players in the field [1]. According to Alex Gluchoski, co-founder and CEO at Matter Labs, "ZK is the 'HTTPS moment' for crypto, and Grvt is uniquely positioned to be the most liquid and impactful application layer to help realize this vision" [1].
The significance of Grvt's funding round lies in its potential to unlock the trillion-dollar DeFi market, which is currently hindered by privacy vulnerabilities, security concerns, and scalability issues [1]. As the company continues to develop its products and infrastructure, it will be important to monitor its progress and the impact of its zero-knowledge technology on the broader cryptocurrency market.
Coverage is mostly measured — 9 of 9 reports stay neutral.
Every Monday — the token unlocks, Fed dates & catalysts set to move crypto and markets this week. So you’re never blindsided.
Free · 3-min read · one-click unsubscribe
AI-assisted synthesis by the TrendWatcher Editorial Desk · sourced from 2 outlets · Aug 1, 2026 · How we report
Grvt closed a $19 million Series A round, as reported in the September 2025 news release.
Grvt runs on ZKsync Validium L2, which validates state without publishing it and posts zero‑knowledge proofs to Ethereum, providing privacy and Ethereum‑level security.
Trading for the GRVT/USDT pair opened on Bitget on July 30 2026 at 14:00 UTC, with withdrawals available from July 31 2026.
The protocol claims its hybrid off‑chain engine can handle up to 600,000 transactions per second while settling state transitions on‑chain via zero‑knowledge proofs.
Funds will be allocated to a fixed‑yield generation vehicle, privacy‑by‑default infrastructure, stablecoin business development, community initiatives and talent acquisition.