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DeFiBitcoinBusiness1 DAY AGO

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

Compiled by KoinLens from 1 source

Importance 26Neutral* Trust 85 · 1 source3.0Market Impact: 3.0/10 · Low
The higher the score out of 10, the bigger the expected impact on the market. Heuristic estimate — not financial advice.
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.

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