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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.

· 1 min read · 104 words · via CoinDesk

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Wire briefing

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.

Source: CoinDesk. This is a wire summary for GetFreeBit readers - verify the original report before making custody, trading, or tax decisions. Not financial advice.

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