GRVT Burns 1.1 Million Tokens as Countdown to Grvt 2.0 Begins

The token issuer for Grvt’s Foundation completed its first buyback, purchasing and permanently burning 1.1 million GRVT tokens on the open market, the self-custodial trading platform said. The move removed nearly 1% of circulating supply at the time and is the first of five milestones before the planned end-November 2026 launch of Grvt 2.0. The issuer plans further monthly buybacks at its discretion, with no set amount or schedule, executed by an independent partner and sent to a burn address; transactions are verifiable on a public dashboard. GRVT, which runs on its own zero-knowledge chain, launched its token in July 2026; it grants no ownership, profit or other economic rights.