Firelight Protocol Raises $8 Million in Funding

DeFi protection protocol Firelight Protocol has completed an $8 million funding round led by Gumi Cryptos Capital, with participation from Maven 11, Metalayer, Joint Effects, and Tribe Capital. According to ChainCatcher, Firelight was incubated by DeFi infrastructure provider Sentora, which manages $2.4 billion in assets, and plans to launch in September this year.