SINGAPORE – GRVT, a hybrid cryptocurrency exchange, announced a $5 million investment from Abu Dhabi-based Further Ventures, bringing its total funding to $14.3 million.
The investment follows GRVT’s recent acquisition of a Class M Digital Asset Business License from the Bermuda Monetary Authority, positioning it as the world’s first regulated decentralized exchange (DEX).
GRVT’s Mainnet Alpha, launched last month, reported a 30-day trading volume of nearly $1.3 billion, with a record 24-hour trading volume of $88 million. These figures underscore the platform’s growing traction and its commitment to compliant and innovative DeFi solutions in the region.
The strategic investment by Further Ventures, a prominent player in capital markets infrastructure, highlights their belief in GRVT’s vision and its potential to innovate in the financial sector. This partnership…
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