Singapore, September 11th - During the "TimeStamp" summit held in Singapore, GRVT Co-founder and CEO Hong Yea shared that the next growth factor in the cryptocurrency market will be driven by institutions, and the industry must adapt to new regulatory environments. For example, in response to current KYC and AML policies, while most Cex are continuously strengthening KYC and AML measures, decentralized exchanges (Dex) will also adapt corresponding strategies to comply with regulations.In this context, hybrid exchanges have emerged. GRVT, for instance merges blockchain based settlement driven by smart contracts, and highly efficient offchain order matching, offering and institution grade hybrid exchange experience that complies with regulatory requirements and enforces KYC and AML checks. Settlement can be conducted on-chain through smart contracts, with control maintained by users' private keys, enabling self-custody of transactions.