Grvt, a decentralized exchange prioritizing privacy in on-chain finance, has secured $19 million in a Series A funding round. The investment was co-led by ZKsync, Further Ventures, EigenCloud, and 500 Global. Grvt employs zero-knowledge proofs on the ZKsync Validium L2 to deliver Ethereum-level security while enhancing privacy and reducing settlement costs. This funding aims to address challenges in on-chain finance, including privacy, scalability, and accessibility. Co-founder and CEO Hong Yea highlighted the critical role of privacy in the future of on-chain trading. The funding comes amid a surge in Ethereum's on-chain volume, which hit $320 billion in August, marking the highest level since mid-2021. Grvt is positioned as a potential liquidity hub for the on-chain finance market, with applications in cross-exchange vaults and cross-chain interoperability.