The Good Tech Companies - GRVT Secures 16 Top Market Makers And $3.3B Monthly Volume Ahead of Q4 Mainnet Launch
Episode Date: September 11, 2024This story was originally published on HackerNoon at: https://hackernoon.com/grvt-secures-16-top-market-makers-and-$33b-monthly-volume-ahead-of-q4-mainnet-launch. GRVT�...�s Open Beta Testnet is currently live, with more than 2.5 million users registered on waitlist Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #web3, #grvt, #btcwire, #press-release, #grvt-announcement, #crypto-exchange, #crypto-trading, #good-company, and more. This story was written by: @btcwire. Learn more about this writer by checking @btcwire's about page, and for more stories, please visit hackernoon.com. GRVT (pronounced "gravity") announces partnership with 16 leading industry market makers. The strategic alliance, bolstered by a commitment of $3.3 billion in monthly trading volume from over 40 institutional clients, reinforces GRVT as a trusted hub of liquidity and market stability. GRVT envisions a platform where anyone can trade anything in one place.
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GRVT Secures 16 Top Market Makers and $3.3b Monthly Volume Ahead of Q4 Mainnet Launch
by BTC Wire. Singapore, September 11, 2024
Hybrid Cryptocurrency Exchange GRVT, pronounced, Gravity, ZK Sync's first official Validium ZK
chain, is thrilled to
announce its partnership with 16 leading industry market makers, including Galaxy Trading Asia
Limited, Ampersand, Amber Group, IMC, Flow Traders, Pulsar, QCP, Cellini, and more.
The strategic alliance, bolstered by a commitment of $3.3 billion in monthly trading volume from over
40 institutional clients, reinforces GRVT as a trusted hub of liquidity and market stability,
particularly during volatile market conditions. This achievement comes even before GRVT's main
at launch, scheduled for Q4 this year, underscoring the market's high anticipation and confidence in
GRVT's hybrid concept that combines the efficiency of TRAD5 with the secure settlement of blockchain technology.
GRVT's open beta testnet is currently live, with more than 2.5 million users registered on
waitlist. Sign up here now. Commitment to deep liquidity, market stability and trader confidence
amid the recent turbulence in the crypto market's inherent volatility, the demand for deep liquidity and stable trading environments
only grows stronger each day. GRVT's collaboration with industry giants enables the exchange to
handle large orders with minimal slippage, delivering tighter bid-ask spreads and lower
trading costs for both retail and institutional traders. These measures are essential in
maintaining a stable market environment, enhancing trader confidence and ensuring continuous,
reliable trading activity. Greater than, we are deeply grateful for the trust our partners have
placed in us, said Greater Than Hong Ye, co-founder and CEO of GRVT. Greater than,
greater than, greater than, making money in financial markets is challenging.
GRVT envisions a platform greater than where anyone can trade anything in one place.
These collaborations are one of greater than the very first and critical steps towards our
mission to offer a convenient greater than an efficient platform for deploying investment
strategies, trading, and greater than generating self-custodial wealth in an open, trustless
environment through greater than exchange liquidity-custodial wealth in an open, trustless environment through greater
than exchange liquidity, smart contracts, and community distribution. Greater than greater
than, greater than John Cahill, chief operating officer at Galaxy Trading Asia Limited, said,
greater than, platforms like GRVT are pushing the boundaries with innovative hybrid models
greater than that blend the strengths of TradFi and DeFi to offer deep liquidity and greater than crucial infrastructure needed for efficient, secure
trading across digital greater than asset options and other derivatives. The commitment from leading
industry greater than players and the substantial liquidity being channeled into this space greater
than underscore the vast opportunities ahead. Greater than greater than, greater than Darius
Sitt, founder and CIO of QCP, said,
a pressing need has emerged for greater than solutions that address critical issues in asset
safety, data privacy and greater than trading efficiency. GRVT's approach offers a very
promising path forward and greater than we are thrilled to be part of the development of a more
secure and efficient greater than ecosystem. Greater than greater than, greater than Christophe de la Sella,
chief commercial officer at Cellini Capital, said, greater than, with the DEX landscape
rapidly evolving, the competition among some greater-than remarkable incumbents is intensifying.
Among the 2024 cohort of new greater-than challengers, GRVT stands out as a leader.
Their approach is both professional greater than and
well-structured, with a strong focus on catering to both professional and greater than retail
traders. We are excited to partner with GRVT and look forward to the greater than significant
impact they will have upon their launch. Greater than Daniel Koo, CEO at Ampersand, said,
Decentralized trading platforms will greater than continue to be an important part in the growth of the crypto trading industry. Greater than they can bring
diversification of counterparty risks while still allowing greater than price discovery across many
assets and product types. GRVT is well positioned greater than to address these needs within a
scalable, high-frequency infrastructure. As a greater-than-key market maker, Ampersand is excited to collaborate with GRVT in bringing a greater-than-liquid and
performant platform to the market. Greater-than-greater-than, greater-than
Martin Chung, head of options trading at Pulsar, said,
Partnering with GRVT greater-than is an important step for Pulsar as we enhance our trading
capabilities. GRVT's greater-than-innovative infrastructure is a
refreshing complement to our trading needs, greater than offering the agility and security
that are essential in the crypto markets. Greater-than-onboarding with GRVT will undoubtedly
strengthen our existing strategies, greater than helping us maintain our strong track record.
Together, we are poised to become greater than a key force within the crypto ecosystem,
driving market efficiency and greater than growth.
Greater than Michael Lai, Global Head of Digital Assets at Flow Traders, commented,
This greater than new partnership is another step forward in increasing our proximity to greater than innovation occurring in the digital assets space.
GRVT's approach combines the greater-than benefits of centralized and decentralized finance.
This is particularly greater-than relevant for market makers and liquidity providers like flow
traders, because greater-than we're at the intersection of trad-fi and defi and therefore
deeply aware of the greater-than trade-offs that users face today. GRVT's unique approach is a
significant step greater-than forward in improving usability and accessibility for a broad range of users. Greater than, as we look ahead, we're excited about GRVT's roadmap
and the innovative greater than developments we have in store, which will further strengthen our
platform and greater than continue to build confidence among our users and partners alike.
Added Ye. Greater than greater than, for more information and to join the grvt community
visit grvt io disclaimer cryptocurrencies carry high risks this content is not a distribution of
or an offer or solicitation to provide financial services or products nor a representation as to
their suitability or legality for you grvt is not a regulated entity and your funds are not subject
to regulatory protection. Before making any decision based on this content, please seek
financial and legal advice, and carefully review GRVT's risk disclosure and disclaimer in full.
Singapore Users. GRVT is not licensed, approved, authorized, designated, recognized,
registered or otherwise regulated
under any legislation administered by the Monetary Authority of Singapore, MOS. As such,
users will not have the benefit of any regulatory safeguards imposed by the MOS.
About GRVT GRVT, pronounced, gravity, as a hybrid derivatives exchange founded in 2022,
offering off-chain order matching and on-chain
settlements at an impressive 600,000 TPS. GRVT's vision is to reinvent the global financial system
from its core by leveraging blockchain technology, giving more people the power to generate and fully
own their wealth without barriers. As the Goldman Sachs of blockchain, GRVT brings institutional
expertise to decentralized finance.
Our goal is to build an open, scalable marketplace, akin to the Amazon of DeFi,
where individuals can easily access financial products.
GRVT Official Website
https colon slash slash grvt
io for media inquiries
contact
press at grvt IO social and community.
X, LinkedIn, Telegram, Discord private official website. HTTPS colon slash slash GRVT.
IO, tip this story was distributed as a release by BTC Wire under HackerNoon's business blogging
program. Learn more about the program here. Thank you for listening to this HackerNoon story, read by Artificial Intelligence.
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