Yellow Network Completes $10 Million Seed Funding Round, Led by Ripple Co-Founder Chris Larsen
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September 18, 2024
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Foresight News: Yellow Network Raises $10 Million in Seed Funding Led by Ripple Co-founder
According to Cointelegraph, Yellow Network, a decentralized clearing network, has secured $10 million in seed funding. The round was 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 Layer-3 peer-to-peer protocol that utilizes state channels to facilitate trading and settlement through smart clearing.
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