Ripple Co-Founder Leads DeFi Protocol Funding

Ripple co-founder Chris Larsen has led a $10 million funding round for the DeFi protocol Yellow Network. This investment will help support the development and growth of the Yellow Network, which aims to provide decentralized financial services to users.

Cryptocurrency Price Updates

The article includes the latest cryptocurrency prices, with Bitcoin (BTC) trading at $61,216.00, Ethereum (ETH) at $2,388.70, Binance Coin (BNB) at $551.48, Solana (SOL) at $135.61, USD Coin (USDC) at $1.001, XRP (XRP) at $0.592819, and Staked Ether (STETH) at an unspecified price.

Expanding DeFi Ecosystem

The funding for the Yellow Network is a testament to the growing interest and investment in the decentralized finance (DeFi) sector. As the cryptocurrency market continues to evolve, platforms like Yellow Network are positioning themselves to provide innovative financial solutions to users.

Source: https://decrypt.co/249869/ripple-co-founder-chris-larsen-leads-10-million-round-for-defi-protocol-yellow-network

The information provided in this article is for informational and educational purposes only, based on news and sources gathered from the internet. This content should not be considered as investment advice, financial guidance, or a suggestion to buy or sell any digital assets. Before making any financial decisions, we recommend consulting with a professional financial advisor and conducting your own research. The author and the blog are not responsible for any losses or damages that may arise from using this content.