“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,” Alexis Sirkia, founder of Yellow and executive chairman of the new company, said in a press release.
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Yellow is a crypto market maker providing startup seed funding, mentorship, advisory, data analytics and fintech software solutions. Yellow also boasts a vibrant blockchain community through its co-working hub in Chiang Mai, conferences, meetups and entertainment for digital nomads.
Meanwhile, Openware builds next-generation blockchain infrastructures and leads the development of innovative fintech projects. The company was built upon the vision of a safe, transparent and universally accessible financial ecosystem through blockchain and DeFi (decentralized finance) integration. OpenDAX by Openware is a modular platform for building crypto exchanges, NFT (non-fungible tokens) marketplaces and digital banking with built-in liquidity.
The company has spent the past decade servicing European retail banks, shifting their focus to the blockchain industry with the release of OpenDAX for building digital asset trading systems. To date, Openware has shipped over 150 trading platforms to its clients.
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