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Firelight raises $8M to expand DeFi coverage beyond XRP
Firelight Protocol raised $8M in seed funding led by Gumi Cryptos Capital to build DeFi coverage beyond XRP, adding Bitcoin and Stellar support.
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coindesk.com
Firelight raises $8 million as DeFi cover protocol eyes bitcoin, XLM expansion beyond XRP
The protocol aims to give fintechs and investors a faster way to recover losses from DeFi hacks, while letting XRP, bitcoin and XLM holders earn yield by backing that protection.
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thedefiant.io
Firelight Raises $8 Million to Backstop DeFi Vaults With Staked XRP | The Defiant
Firelight raised $8 million led by Gumi Cryptos Capital to launch cover for DeFi vaults backed by staked XRP on Flare, with first integrations due in September.
