According to BlockBeats, on September 9, cryptocurrency trading platform GRVT announced that it has secured contracts for a monthly trading volume of $3.3 billion ahead of its mainnet launch.
The hybrid cryptocurrency trading platform has signed agreements with prominent market makers such as Galaxy Trading Asia Limited, DV Chain, and CMS. These market makers have committed to providing a monthly trading volume of $3.3 billion.
GRVT co-founder and CEO Hong Yea attributed this achievement to the platform's hybrid technology architecture. Discussing GRVT's value proposition compared to other centralized exchanges (CEX), Yea stated, 'To truly combine the advantages of CeFi and DeFi and create the ultimate user trading experience, the solution is to use blockchain for settlement while keeping the trading infrastructure or order book off-chain.'