PANews reported on September 17 that according to Cointelegraph, the decentralized clearing network Yellow Network has completed a $10 million seed round of 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. It is reported that Yellow Network is a new decentralized clearing network that aims to solve the problem of inefficiency in cryptocurrency.