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.
Firelight Protocol captured $8 million to transform its FXRP staging infrastructure into an on-chain coverage layer, with plans to extend protection to Bitcoin and Stellar and attract fintechs and institutions.
Firelight's $8 million round seeks to democratize access to DeFi for fintechsFirelight captures $8M to simplify DeFi for fintechs and expand beyond XRP