ChainCatcher reported that according to Cointelegraph, the decentralized clearing network Yellow Network has 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 in the investment.

Yellow Network is a new decentralized clearing network that aims to solve the problem of inefficiency of cryptocurrency.