Grvt Completes First GRVT Token Burn, Unveils Roadmap to Yield and Zero-Fee RWA Trading
BeInCrypto · Tue, 20 Oct 2026 13:00:00 GMT
Hype 42/100 · Market impact 65/100 · Breaking 48/100
Grvt announced that the Foundation’s token issuer completed its first GRVT buyback and burn, purchasing 1.1 million tokens on the open market and permanently removing them, equal to nearly 1% of circulating supply at purchase. It is the first of five milestones toward Grvt 2.0, a redesigned self-custodial trading experience planned for the end of November 2026. Grvt’s roadmap adds four launches between late October and November: Grvt Earn with target yields up to 11%, zero-fee Stable Funding Perps tied to stocks, commodities, foreign exchange and indices, Yield as Margin, and Grvt 2.0. The issuer plans further monthly buybacks at its discretion through an independent execution partner.