[Hybrid Crypto Exchange GRVT Completes $19 Million Series A Financing, Led by ZKsync and Further Ventures] According to The Block, GRVT, a hybrid decentralized exchange based on Ethereum's scaling layer ZKsync, has completed a $19 million Series A financing round, led by ZKsync and Further Ventures, with participation from EigenCloud and 500 Global. The new funding will help GRVT expand its product offerings, including cross-exchange vaults and cross-chain interoperability, and plans to leverage EigenDA's programmable privacy features. GRVT combines the user experience and compliance of centralized exchanges (CEX) with the self-custody features of decentralized exchanges (DEX). Its mainnet Alpha version is set to launch on ZKsync by late 2024, with trading categories expanded from crypto perpetual contracts to spot and options trading. Currently, GRVT is applying for operational licenses in multiple regions and had already obtained a VASP license in Lithuania as early as 2023. Previously, GRVT raised approximately $14.3 million through multiple funding rounds and secured $2.2 million via private token sales in March 2024. Earlier on September 16, it was reported that GRVT plans to conduct its Token Generation Event (TGE) in Q1 2026, with 20% of the total token supply allocated for community rewards.