At a time when decentralized finance seeks regulatory clarity, GRVT has launched a platform that bridges traditional compliance with blockchain innovation. The December 20, 2024 release of its Mainnet Alpha introduces a hybrid exchange that combines decentralized trading capabilities with centralized exchange features, achieving $15 million in transactions within its first hour of operation. This launch represents a shift in the DeFi landscape, where regulatory compliance and institutional participation converge with decentralized trading mechanisms. The trading activity comprised $8.7 million in Bitcoin transactions and $6.4 million in Ethereum trades. This volume emerged from a user base of 30,000 KYC-verified participants, representing a higher initial user count compared to industry counterparts at launch. The platform's institutional backing includes 55 clients and 17 market makers, who have committed to generate $4.2 billion in monthly trading volume. The current institutional trader roster includes QCP, Galaxy Trading Asia Limited, Ampersan, Arbelos, Amber Group, IMC, Flow Traders, Pulsar, and Selini. From a technical perspective, GRVT operates on a validium ZK Chain within the Elastic Network powered by ZKsync. This Layer 2 blockchain architecture enables Ethereum scaling while maintaining data privacy. The implementation delivers a processing capacity of 600,000 transactions per second through its hybrid model of off-chain order matching and on-chain settlements. The regulatory framework supporting GRVT includes a Class M Digital Asset Business License from the Bermuda Monetary Authority. This positions the platform as a regulated entity in the DEX space, though it operates independently from Singapore's Monetary Authority oversight. The platform introduces cross-chain functionality through Proxy Bridge, developed by XY Finance, enabling users to transfer assets between GRVT, CEX accounts, and crypto wallets. This implementation eliminates gas fees for cross-chain transactions from CEX to DEX. GRVT, established in 2022, enters the market as a hybrid derivatives platform. The launch represents a step toward creating a blockchain-based financial marketplace, focusing on institutional-grade infrastructure while maintaining accessibility for individual traders. For context, this development occurs during a period of increased regulatory scrutiny in the digital asset space, making GRVT's regulated status a notable factor in the evolving DeFi landscape. Users should note that cryptocurrency trading carries inherent risks, and GRVT's regulatory status varies by jurisdiction. Don’t forget to like and share the story! Vested Interest Disclosure: This author is an independent contributor publishing via our business blogging program. HackerNoon has reviewed the report for quality, but the claims herein belong to the author. #DYOR At a time when decentralized finance seeks regulatory clarity, GRVT has launched a platform that bridges traditional compliance with blockchain innovation. The December 20, 2024 release of its Mainnet Alpha introduces a hybrid exchange that combines decentralized trading capabilities with centralized exchange features, achieving $15 million in transactions within its first hour of operation. GRVT This launch represents a shift in the DeFi landscape, where regulatory compliance and institutional participation converge with decentralized trading mechanisms. The trading activity comprised $8.7 million in Bitcoin transactions and $6.4 million in Ethereum trades. This volume emerged from a user base of 30,000 KYC-verified participants, representing a higher initial user count compared to industry counterparts at launch. The platform's institutional backing includes 55 clients and 17 market makers, who have committed to generate $4.2 billion in monthly trading volume. The current institutional trader roster includes QCP, Galaxy Trading Asia Limited, Ampersan, Arbelos, Amber Group, IMC, Flow Traders, Pulsar, and Selini. From a technical perspective, GRVT operates on a validium ZK Chain within the Elastic Network powered by ZKsync. This Layer 2 blockchain architecture enables Ethereum scaling while maintaining data privacy. The implementation delivers a processing capacity of 600,000 transactions per second through its hybrid model of off-chain order matching and on-chain settlements. The regulatory framework supporting GRVT includes a Class M Digital Asset Business License from the Bermuda Monetary Authority. This positions the platform as a regulated entity in the DEX space, though it operates independently from Singapore's Monetary Authority oversight. Class M Digital Asset Business License The platform introduces cross-chain functionality through Proxy Bridge, developed by XY Finance, enabling users to transfer assets between GRVT, CEX accounts, and crypto wallets. This implementation eliminates gas fees for cross-chain transactions from CEX to DEX. GRVT, established in 2022, enters the market as a hybrid derivatives platform. The launch represents a step toward creating a blockchain-based financial marketplace, focusing on institutional-grade infrastructure while maintaining accessibility for individual traders. For context, this development occurs during a period of increased regulatory scrutiny in the digital asset space, making GRVT's regulated status a notable factor in the evolving DeFi landscape. Users should note that cryptocurrency trading carries inherent risks, and GRVT's regulatory status varies by jurisdiction. Don’t forget to like and share the story! Vested Interest Disclosure: This author is an independent contributor publishing via our business blogging program. HackerNoon has reviewed the report for quality, but the claims herein belong to the author. #DYOR Vested Interest Disclosure: This author is an independent contributor publishing via our business blogging program . HackerNoon has reviewed the report for quality, but the claims herein belong to the author. #DYOR Vested Interest Disclosure: business blogging program business blogging program

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GRVT Launches First Regulated DEX, Records $15M Trading Volume in Initial Hour

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