GRVT Burns 1.1 Million Tokens as Countdown to Grvt 2.0 Begins

The discretionary buyback represents close to 1% of circulating supply and precedes four planned product milestones culminating in Grvt 2.0. Grvt, a self-custodial trading platform built on its own zero-knowledge (ZK) chain, announced that the Foundation’s token issuer has completed its first GRVT token buyback, purchasing and burning 1.1 million GRVT tokens on the open market. The transaction permanently removed close to 1% of GRVT’s circulating supply at the time of purchase. It marks the first of five milestones ahead of the planned launch of Grvt 2.0 at the end of November 2026. A discretionary buyback with on-chain verification The Foundation’s token issuer intends to conduct further buybacks on a monthly basis. Each transaction remains entirely at the issuer’s discretion, with no predetermined purchase amount or guaranteed schedule.

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