Company Overview - Grvt, a decentralized exchange (DEX) focused on privacy in on-chain finance, has raised $19 million in Series A funding [1] - The funding round was co-led by ZKsync, Further Ventures, EigenCloud, and 500 Global [1] Technology and Architecture - Grvt is built on the ZKsync Validium L2 and utilizes zero-knowledge (ZK) proofs to ensure Ethereum-level security while maintaining transaction privacy and low settlement costs [2] - The architecture addresses key barriers to mainstream adoption of on-chain finance, including privacy, scalability, and accessibility [2] Cryptographic Methodology - Zero-knowledge technology allows one party to prove the truth of information to another without revealing the information itself, which is crucial for blockchain-based finance [3] Vision and Market Position - The co-founder and CEO, Hong Yea, emphasized the importance of privacy for the future of on-chain trading and investing, aiming for Grvt to set the standard for zero-knowledge cryptography in financial markets [4] - The funding comes during a resurgence in Ethereum activity, with August's on-chain volume exceeding $320 billion, the highest since mid-2021 [5] - Backers view Grvt as a potential liquidity hub for a trillion-dollar on-chain finance market, with applications in cross-exchange vaults, cross-chain interoperability, real-world assets, and structured options [5]