Grvt burns 1.1 million GRVT tokens in first buyback ahead of 2.0 launch

Grvt, a self-custodial trading platform on its own zero-knowledge chain, said its Foundation token issuer completed a first discretionary buyback and burned 1.1 million GRVT tokens on the open market. The burn represents close to 1% of circulating supply and precedes four planned product milestones culminating in Grvt 2.0. Traders may read the supply reduction and roadmap as modestly supportive for GRVT, though the token remains a small-cap with limited market impact.