According to BlockBeats, on August 6, ZKsync-backed cryptocurrency trading platform GRVT announced the launch of its public testnet. The test evaluated account management, trading functions, and users' biometric self-hosted GRVT wallet.

As ZKsync’s first official Validium ZK chain, GRVT provides self-managed assets, off-chain order matching, and on-chain settlement, with a processing speed of up to 600,000 transactions per second.

The first 30,000 users who complete KYC verification have a chance to win 2.4 million ZK tokens and 600,000 raffle tickets.