According to ChainCatcher, hybrid crypto exchange GRVT has officially launched the Alpha mainnet. In the first hour of the Alpha mainnet launch, GRVT's trading volume set a record of more than $15 million, of which BTC trading volume exceeded $8.7 million and ETH trading volume exceeded $6.4 million.
It is reported that the first batch of institutions trading on GRVT include: QCP, Galaxy Trading Asia Limited., Ampersan, Arbelos, Amber Group, IMC, Flow Traders, Pulsar, Selini, etc.
Hong Yea, co-founder and CEO of GRVT said. "Today is a historic day for GRVT. Our vision has always been to redesign and rebuild the global financial system on the blockchain, although it is a challenging journey."
According to the Web3 asset data platform RootData, GRVT (Gravity) is an institutional-grade cryptocurrency trading infrastructure where institutional traders can access a fully private, regulated (KYC and AML), and self-custodied trading venue. Its hybrid exchange (HEX) utilizes zk-supported volition technology to separate trading and custody functions, eliminating counterparty risk.
