Yellow Network & Sumsub Join Forces to Transform Web3 Trading and Compliance
Yellow Network, a cutting-edge Decentralized Exchange Nexus, and Sumsub, a premier KYC/AML service provider, are thrilled to announce their collaboration aimed at advancing the Web3 ecosystem.
Yellow Network represents an advanced communication and liquidity network powered by state channel technology. It delivers ultra-fast and truly decentralized trading between brokers while aggregating the liquidity of interconnected nodes. Meanwhile, Sumsub is an all-in-one verification platform that secures the whole user lifecycle with customizable KYC, KYB, transaction monitoring, and AML solutions and fights digital fraud helping businesses stay fully compliant.
By joining forces, Yellow Network and Sumsub aim to revolutionize the Web3 landscape by leveraging their expertise and resources to deliver a superior experience for users, brokers, and traders.
The partnership between these two innovative projects promises to bring many exciting developments for both communities to look forward to, such as joint community activities, and joint AMA sessions. Besides, Yellow Network might integrate Sumsub’s KYC services into its verification processes, among others.
About Yellow Network
Yellow Network is a Layer-3 Decentralized Exchange Nexus that offers high-speed and decentralized trading between brokers and aggregates liquidity from connected nodes. Its sophisticated communication and liquidity network is powered by state channel technology.
About Sumsub
Sumsub is an all-in-one verification platform that secures every step of the customer journey. With Sumsub’s customizable KYC, KYB, KYT, and AML solutions, more than 2000 businesses worldwide orchestrate their verification process, welcome more customers worldwide, speed up onboarding, reduce costs, and steer clear of digital fraud.
Twitter: https://twitter.com/Sumsubcom
LinkedIn: https://www.linkedin.com/company/sumsub/
Stay tuned for more Yellow partnership news and a global announcement at the end of the seed and strategic funding of the Yellow Network project, featuring all strategic partners involved and the total strategic investment amount.
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