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

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

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.

Key Takeaways

  1. 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.
  2. Read the full article for additional context and details.
  3. Read the full article for additional context and details.
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Summary generated by IndiCrypto from CoinDesk. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.