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Revolution in crypto trading: Yellow Network links RWAs with XRPL!
Yellow Network Integrates XRPL EVM Sidechain to Improve Real-World Asset Trading. Learn more about how liquidity and traceability are strengthened in the crypto world.
Revolution in crypto trading: Yellow Network links RWAs with XRPL!
Blockchain technology is experiencing new developments through the latest integration of the Yellow Network, backed by Ripple co-founder Chris Larsen, is a significant expansion. The network has successfully connected to the XRPL EVM sidechain to optimize trading of real-world assets, also known as RWAs.
The main goal of this integration is to improve liquidity and traceability in trading RWAs. Yellow Network relies on its proprietary Layer 3 clearing network, which goes by the nameYellow Clearnetis known. This network provides users with access to off-chain liquidity and enables real-time trading opportunities that are non-custodial and work across platforms.
Technical innovations and advantages
The Yellow Network trades are processed off-chain, with the final settlement of trades recorded on the blockchain. A central goal is to create a global, unified liquidity pool. The XRPL EVM Sidechain, which allows Ethereum Virtual Machine-compatible applications to run on the XRP Ledger, was developed by Peersyst and enables apps to seamlessly connect to the XRPL Ledger.
XRP serves as the native gas token within the XRPL ecosystem and benefits from its Ethereum compatibility, ensuring interoperability with over 80 blockchains. Founded in 2018, Yellow Network aims to address the challenges of liquidity fragmentation in the crypto world and present innovative solutions.
Financing and future plans
In 2024, the Yellow Network secured a $10 million seed round led by Chris Larsen. This is perceived as an important step in the further development of the network. A significant part of the roadmap for the future includes connectivity to other prominent blockchains, including Solana, Bitcoin and Polkadot. Additionally, Yellow Clearnet has already completed integrations with leading blockchain networks such as Ethereum, Polygon and Binance Smart Chain.
With these advances, the Yellow Network is positioning itself as a pioneer in blockchain technology for real-world asset trading and laying the foundation for a future-proof liquidity infrastructure.