Firelight raises $8 million, expands beyond XRP as it aims to make DeFi less scary for fintechs

CoinDesk·

Firelight raises $8 million, expands beyond XRP as it aims to make DeFi less scary for fintechs

60-second summary

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.

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.