According to BlockBeats, on September 17, Cointelegraph reported that the decentralized clearing network Yellow Network completed a $10 million seed round of financing. This round of financing was led by Ripple co-founder Chris Larsen, and Consensys, GSR, NxGen, MV Global, Gate Labs, ZBS Capital, Moonrock Capital, Math, Cobo, NOIA Capital and LD Capital participated.
Yellow Network is a new decentralized clearing network designed to solve the inefficiencies of cryptocurrency.
