Decentralized clearing network Yellow Network completes $10 million seed round financing, led by Ripple co-founder

ChainCatcher news, according to Cointelegraph, the decentralized clearing network Yellow Network has completed a $10 million seed round financing, led by Ripple co-founder Chris Larsen, with participation from Consensys, GSR, NxGen, MV Global, Gate Labs, ZBS Capital, Moonrock Capital, Math, Cobo, NOIA Capital, and LD Capital.

Yellow Network is a new type of decentralized clearing network aimed at addressing the inefficiencies in cryptocurrency.