Yellow Group arises to develop distributed liquidity network for exchanges
Yellow Group arised from the merger between blockchain specialists Openware and Crypto market makers Yellow.com.
Yellow.com, Inc. and Openware, Inc. have finalized the merging process of their global settlement network for their customers.
The combined umbrella brand will be called Yellow Group, boasting more than 120 employees worldwide and multiple offices and coworking spaces in the United States, France, Thailand, UK, and Ukraine.
Blockchain specialists merge with Crypto market makers
Yellow Group is building a worldwide financial information exchange network designed for the Web 3.0 Internet of Finance, the company stated, adding it is developing a distributed liquidity network for exchanges and institutions scaling to billions of transactions.
The Openware expertise comes from ten years of servicing European retail banks, shifting their focus entirely to the blockchain industry with the release of open-source modular platform OpenDAX for building digital asset trading systems. Over the past years, Openware has shipped over 150 trading platforms to their clients.
Louis Bellet, founding partner and CEO of Openware, who is now taking the position of the CEO of Yellow Group, said: “Our merger allows us to increase our capacity and implement our common vision—a secure financial network powered by blockchain settlement. The goal is to build together a global Web 3.0 network of financial exchange with shared liquidity.”
Yellow is a reputable Crypto Market Maker providing startup seed funding, mentorship, advisory, data analytics and Fintech software solutions. Yellow is also a lifestyle with a vibrant blockchain community through its co-working hub in Chiang Mai, conferences, meetups and entertainment for digital nomads.
Alexis Sirkia, the founder of Yellow and the Executive Chairman of Yellow Group, said: “We share a common vision, and our competence and technologies are complementary—one has market-making capabilities, and the other one is building financial exchange platforms.
Yellow Group is looking to build a worldwide financial information exchange network combining order books of all participants, designed for the Web 3.0 Internet of Finance scale.
Yellow.org is a brokerage powered by the new OpenDAX v4 software, accessible to startups and entrepreneurs willing to build a trading platform.