Der diskretionäre Rückkauf represents nearly 1% of the circulating supply and comes before four planned product milestones that will culminate in Grvt 2.0. Road Town, British Virgin Islands, October 22, 2026 – 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. Buybacks are executed through an independent execution partner, with purchased tokens transferred to a designated burn address and permanently removed from circulation. The transactions can be independently verified through the public buyback dashboard, which records the number of tokens purchased and burned, the percentage of circulating supply represented, cumulative burns and on-chain transaction hashes. "The GRVT token is an important part of the ecosystem we are building," said Hong, co-founder and CEO of Grvt. "We welcome the issuer's buybacks as a demonstration of its long-term commitment to the ecosystem and community. Grvt is expanding its products and markets, and the issuer's buybacks sit alongside that as a supportive mechanism aimed at reducing circulating token supply." Grvt outlines four product milestones The announcement follows GRVT's token generation event in July 2026 and precedes a series of planned launches. Grvt Earn, scheduled for the end of October, will introduce yield opportunities backed by tokenized fixed-income assets, with target yields of up to 11%. Returns are expected to derive from underlying asset cash flows, including interest, premiums and invoice-related income. Asset-supplying partners will be announced at launch. Target yields are not guaranteed. Stable Funding Perps, scheduled for November, will introduce perpetual futures linked to commodities, stocks, foreign exchange and indices. The contracts are planned to carry zero trading fees and use once-daily funding. Grvt aims to list more than 1,000 markets by the end of December 2026. Yield as Margin, also scheduled for November, will allow eligible Grvt Earn balances to support trading positions while continuing to accrue yield, subject to applicable product terms and risk parameters. Grvt 2.0, scheduled for the end of November, will consolidate these capabilities into a single self-custodial app, alongside a new name, visual identity and the company's 2027 roadmap. Addressing idle capital The expansion follows a survey of Grvt traders conducted earlier in 2026. Six in ten respondents reported keeping at least a quarter of their capital on the platform idle, while many reported moving funds elsewhere to pursue yields of 8% or more. Grvt's upcoming products aim to reduce the separation between earning yield and deploying capital for trading. "Traders shouldn't have to choose between putting their capital to work and keeping it ready to trade," Hong said. "Grvt 2.0 is designed around a single self-custodial balance that can support both activities." Founded in 2022, Grvt currently supports perpetual futures across approximately 200 cryptocurrency and real-world asset markets. The GRVT token launched in July 2026 and confers no ownership, profit or other economic rights. Further details are available in the full announcement. About Grvt Grvt is a self-custodial trading platform operating on its own zero-knowledge chain. The platform supports cryptocurrency and real-world asset perpetual futures and is developing products that allowEligible balances can earn yield while supporting trading activity. Learn more at grvt.io. Media contact: Lesner, Head of Marketing at Grvt, lesner.chua@grvt.io
Frequently Asked Questions
FAQs GRVT Burns 11 Million Tokens as the Countdown to GRVT 20 Begins
1 What happened with GRVT
GRVT burned 11 million of its own tokens and announced that GRVT 20 is coming soon
2 What does burning tokens mean
Burning means permanently removing tokens from circulation Theyre sent to a wallet no one can access so they can never be used again
3 Why did GRVT burn 11 million tokens
Token burns usually aim to reduce supply which can support the tokens value and show the teams commitment to the project GRVT framed it as a buildup to the 20 launch
4 What is GRVT 20
Its the next major version of the GRVT platform expected to bring new features and improvements Details are still being rolled out as the countdown continues
5 When does GRVT 20 launch
The team has started a countdown but hasnt confirmed an exact public date yet Watch GRVTs official channels for the announcement
6 Does burning tokens raise the price
Not automatically Burns reduce supply but price depends on demand and overall market conditions Treat it as one factor not a guarantee
7 How can I verify the burn actually happened
Check the projects official announcement for the burn transaction hash then look it up on a block explorer You should see the tokens sent to a burn address
8 Where can I find official updates about GRVT 20
Only trust GRVTs official website verified social accounts and official community channels Ignore screenshots and forwarded messages
9 Is this a good time to buy GRVT tokens
Thats a personal decision not financial advice Research the project understand the risks and never invest more than you can afford to lose
10 Will the burn affect my existing tokens
No A burn removes tokens from circulation it doesnt touch tokens in your wallet or change your balance
11 Whats the difference between a burn and a buyback
A buyback means the project purchases tokens and then usually burns them A