Ripple co-founder leads $10M raise for decentralized clearing

Chris Larsen’s $10 million investment in Yellow Network aims to tackle liquidity fragmentation, scalability, and capital efficiency in crypto markets.

Chris Larsen, co-founder of Ripple, has led a $10 million seed funding round for Yellow Network, a new decentralized clearing network that aims to address cryptocurrency inefficiencies.

The investment by the Ripple co-founder will support efforts to solve the digital asset market’s liquidity fragmentation, scalability, and capital efficiency issues.

Related: Demand for Japanese yen stablecoins is ‘only a matter of time’ — Brad Garlinghouse

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Chris Larsen’s $10 million investment in Yellow Network aims to tackle liquidity fragmentation, scalability, and capital efficiency in crypto markets.
Chris Larsen, co-founder of Ripple, has led a $10 million seed funding round for Yellow Network, a new decentralized clearing network that aims to address cryptocurrency inefficiencies.The investment by the Ripple co-founder will support efforts to solve the digital asset market’s liquidity fragmentation, scalability, and capital efficiency issues.Related: Demand for Japanese yen stablecoins is ‘only a matter of time’ — Brad GarlinghouseRead more