GRVT’s 1.1M-token burn sets the stage for an earn-and-trade power move

Singapore, Singapore, October 20th, 2026 — Chainwire reported that Grvt's Foundation's token issuer completed the first discretionary buyback, purchasing and permanently burning 1.1 million GRVT tokens on the open market, equivalent to close to 1% of circulating supply at the time of purchase. The buyback is the first of five milestones leading to Grvt 2.0, scheduled for the end of November 2026. Four planned product milestones are set to introduce tokenized yield opportunities, real-world asset perpetuals and yield-bearing margin, combining earning and trading in a single self-custodial platform experience.

A survey of Grvt traders conducted earlier in 2026 found that six in ten respondents reported at least a quarter of their capital on the platform was sitting idle, while many reported moving funds elsewhere to pursue yields of 8% or more. Grvt 2.0 is designed to address that divide by allowing users to earn and trade from one balance. "Traders shouldn't have to choose between putting their capital to work and keeping it ready to trade," said Hong, co-founder and CEO of Grvt. "We're building Grvt 2.0 around a simple idea: one balance that can earn and trade at the same time, without requiring users to transfer their assets between separate products or give up self-custody."

Grvt Earn, scheduled for the end of October 2026, will introduce yield opportunities backed by tokenized fixed-income assets, with target yields of up to 11%. Potential returns are expected to originate from cash flows generated by the underlying assets, potentially including interest, premiums and invoice-related income. Asset-supplying partners will be announced at launch. Target yields are not guaranteed and are subject to the risks associated with the underlying assets.

Stable Funding Perps, planned for November 2026, will add perpetual futures linked to stocks, foreign exchange, commodities and indices. The contracts are planned to feature zero trading fees and once-daily funding, with Grvt targeting more than 1,000 markets by the end of December 2026.

Yield as Margin, also scheduled for November 2026, is intended to allow eligible balances held in Grvt Earn to serve as trading margin while continuing to accrue yield, subject to product terms and risk parameters.