Firelight Protocol Secures $8M for DeFi Safety Net | Business and Finance News

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Recorded01 Sep 2026

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Firelight Protocol just landed $8M to build the crypto world’s first safety net—insurance for DeFi that could make billions safer. With a September launch, they’re slashing recovery times to 10 days and partnering with risk firms to verify claims. Targeting fintechs wary of hacks, they’re expanding coverage from XRP to Bitcoin and XLM, turning under-yielding assets into security collateral. As trillions sit in DeFi with almost none insured, Firelight is poised to become the trust layer that unlocks wider adoption—and protects both investors and institutions from catastrophic losses. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/19052af5dc6eb3d3

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