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Yellow Network completes $10 million seed round financing

Yellow Network, a decentralized clearing network, completed a $10 million seed round 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 designed to address the inefficiencies of cryptocurrencies.