MiCA Crypto Alliance Releases MiCA White Paper for YELLOW Utility Token Supporting Layer-3 and Cross-Chain Infrastructure

The MiCA Crypto Alliance is pleased to announce the release of the YELLOW MiCA White Paper, prepared with assistance from the Alliance and submitted by Layer3 FinTech Ltd, the entity behind Yellow Network, in accordance with Regulation (EU) 2023/1114.

The white paper has been reviewed against MiCA Title II requirements and supports the planned public offering and admission to trading of YELLOW, the utility token powering Yellow Network’s Layer-3 and cross-chain infrastructure. It includes all mandatory Article 6 statements, alongside detailed disclosures covering token functionality, rights and obligations, risks, underlying technology, and sustainability indicators, supported by standardised ESG data provided by the Alliance.

This publication demonstrates how infrastructure-focused Web3 projects can structure MiCA-compliant documentation for utility tokens that support complex, multi-chain systems while maintaining regulatory clarity and transparency.

Key Highlights from the White Paper

• YELLOW is classified as a utility token under Regulation (EU) 2023/1114 and is not an asset-referenced token or an e-money token.
• The token serves as the core access, coordination, and incentive mechanism across the Yellow Network, enabling network transactions, staking, collateralisation, and participation by node operators, brokers, and application developers.
• YELLOW has a fixed maximum supply of 10 billion tokens, with no inflationary or algorithmic supply adjustment mechanisms.
• Holding YELLOW does not confer ownership, profit-sharing, dividend, redemption, or contractual rights against the issuer or any affiliated entity.
• The white paper describes the technical architecture of the Yellow Network, including its Layer-3 design and use of state channels secured by on-chain settlement.
• The white paper includes all required MiCA disclosures, covering the offer structure, admission to trading intentions, risk factors, governance framework, and sustainability indicators.

You can access the white paper on the Alliance website here, or on Yellow’s website here.

About Yellow Network

Yellow Network is a Web3 infrastructure ecosystem built to enable high-performance, cross-chain trading, and settlement. Its proprietary Layer-3 protocol uses state channels to support real time, non-custodial trading, with only final settlement recorded on-chain. This creates a unified liquidity environment and allows blockchains to scale to millions of transactions per second.

At the application layer, the Yellow software development kit (SDK) provides developers with a comprehensive toolkit for building advanced, user-friendly decentralised applications that offer Web2 level speed and ease of use. The broader ecosystem also includes Yellow.com, a general crypto news outlet that also serves as Yellow’s retail arm with plans to evolve into a regulated broker, and NeoDAX, a turnkey crypto brokerage solution designed for institutional performance.

White Paper Support

The MiCA Crypto Alliance supports issuers, offerors, CASPs, and ecosystem participants across major blockchain architectures and ecosystems in meeting MiCA requirements efficiently and transparently. Our work combines legal analysis, technical review, and standardised sustainability reporting to deliver MiCA-compliant white papers designed to support regulatory notification and admission to trading processes.

If you’d like to request compliance services, fill out this form.