Yellow Network Partners with XRPL EVM Sidechain to Enhance Trading of Real-World Assets
In a significant advancement for the blockchain and financial sectors, Yellow Network has announced the integration of its proprietary clearing network, Yellow Clearnet, with the XRPL EVM Sidechain. This pivotal development is aimed at enhancing liquidity and traceability in the trading of real-world assets (RWA) through rapid off-chain learning and settlement.
Yellow Clearnet is designed as a Layer-3 protocol, which allows for real-time, non-custodial cross-chain trading. The integration facilitates off-chain transactions between distinct exchanges and brokerages utilizing state channels. This approach limits blockchain transactions to just the final settlement, enabling a unified global liquidity pool and allowing chains to efficiently scale to unprecedented levels.
The XRPL EVM Sidechain serves as a fast, secure network that supports EVM-compatible applications alongside the XRP Ledger. Developed through collaboration among Peersyst, Ripple, and the XRPL community, it establishes connectivity through the Axelar bridge. This allows native movement of XRP between the two networks, providing interoperability with over 80 other blockchains. This environment also benefits from reduced transaction fees and faster block times, making it an ideal hub for developing cross-chain DeFi, tokenization, and payment applications.
Louis Bellet, the Co-Founder of Yellow Network, expressed enthusiasm about the integration, stating, "This is an incredibly exciting development for both Yellow Network and the XRPL EVM Sidechain. XRPL EVM Sidechain provides the foundational rails for the tokenization of real-world assets, and Yellow Network offers an engine to make those assets truly liquid and tradable."
With a commitment to interoperability, the Yellow Clearnet aims to connect various blockchains, facilitating transactions between previously isolated entities. Its roadmap includes future integrations with networks such as Solana, Bitcoin, and Polkadot. The existing integrations with Ethereum, Polygon, and Binance Smart Chain highlight its evolving capabilities.
Founded in 2018, Yellow Network was created in response to the liquidity fragmentation issue within the cryptocurrency space. By utilizing state channels— which are private, off-chain transaction pathways— it enables low-fee, trustless, and high-frequency trading. Only the final transaction is recorded on the blockchain, enhancing efficiency and scalability while mitigating risks.
Backed by notable investor Chris Larsen, co-founder of Ripple, Yellow Network secured $10 million in seed funding in September 2024. This financial backing underscores the confidence in Yellow’s mission to transform crypto liquidity issues, paving the way for a more interconnected and accessible financial ecosystem.
As Yellow Network continues to evolve its infrastructure, the partnership with the XRPL EVM Sidechain represents a forward-thinking approach to trading real-world assets. By enhancing the liquidity and traceability of these assets, they are setting a new standard for how decentralized finance can operate, driving broader Web3 adoption. As they push the boundaries of what's possible in the blockchain space, both existing and new users can expect a more efficient financial environment that embodies the principles of Bitcoin and Ethereum in daily life.
This transformative leap not only signifies a milestone for Yellow Network but also positions it at the forefront of the ongoing evolution in the crypto landscape, spurring innovation that benefits developers, investors, and consumers alike.
What is Yellow Clearnet?
Yellow Clearnet is designed as a Layer-3 protocol, which allows for real-time, non-custodial cross-chain trading. The integration facilitates off-chain transactions between distinct exchanges and brokerages utilizing state channels. This approach limits blockchain transactions to just the final settlement, enabling a unified global liquidity pool and allowing chains to efficiently scale to unprecedented levels.
The Role of XRPL EVM Sidechain
The XRPL EVM Sidechain serves as a fast, secure network that supports EVM-compatible applications alongside the XRP Ledger. Developed through collaboration among Peersyst, Ripple, and the XRPL community, it establishes connectivity through the Axelar bridge. This allows native movement of XRP between the two networks, providing interoperability with over 80 other blockchains. This environment also benefits from reduced transaction fees and faster block times, making it an ideal hub for developing cross-chain DeFi, tokenization, and payment applications.
A Vision for the Future
Louis Bellet, the Co-Founder of Yellow Network, expressed enthusiasm about the integration, stating, "This is an incredibly exciting development for both Yellow Network and the XRPL EVM Sidechain. XRPL EVM Sidechain provides the foundational rails for the tokenization of real-world assets, and Yellow Network offers an engine to make those assets truly liquid and tradable."
With a commitment to interoperability, the Yellow Clearnet aims to connect various blockchains, facilitating transactions between previously isolated entities. Its roadmap includes future integrations with networks such as Solana, Bitcoin, and Polkadot. The existing integrations with Ethereum, Polygon, and Binance Smart Chain highlight its evolving capabilities.
Tackling Liquidity Fragmentation
Founded in 2018, Yellow Network was created in response to the liquidity fragmentation issue within the cryptocurrency space. By utilizing state channels— which are private, off-chain transaction pathways— it enables low-fee, trustless, and high-frequency trading. Only the final transaction is recorded on the blockchain, enhancing efficiency and scalability while mitigating risks.
Backed by notable investor Chris Larsen, co-founder of Ripple, Yellow Network secured $10 million in seed funding in September 2024. This financial backing underscores the confidence in Yellow’s mission to transform crypto liquidity issues, paving the way for a more interconnected and accessible financial ecosystem.
What Lies Ahead for Yellow Network?
As Yellow Network continues to evolve its infrastructure, the partnership with the XRPL EVM Sidechain represents a forward-thinking approach to trading real-world assets. By enhancing the liquidity and traceability of these assets, they are setting a new standard for how decentralized finance can operate, driving broader Web3 adoption. As they push the boundaries of what's possible in the blockchain space, both existing and new users can expect a more efficient financial environment that embodies the principles of Bitcoin and Ethereum in daily life.
This transformative leap not only signifies a milestone for Yellow Network but also positions it at the forefront of the ongoing evolution in the crypto landscape, spurring innovation that benefits developers, investors, and consumers alike.
Topics Business Technology）
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