Firelight

The Protection Layer for Digital Assets.

Incubated by @sentoraHQ

Official Discord Server:

[Firelight @Firelightfi]

Firelight raises $8M in a seed round led by @GumiCryptos, with participation from @Maven11Capital, @metalayervc, @tribecap & Joint Effects.

The round supports our work closing DeFi's protection gap. ~$80B in TVL sits across DeFi today, and only a fraction is protected.
https://t.co/lUpA9MYPVM

[RootData | We're Hiring @RootDataCrypto]

Projects Fundraising on RootData (Aug 31 - Sep 6)
https://t.co/wW48RdiI9T

Last week, 11 blockchain companies/projects received funding.

💎 @Polymarket — An unbiased, real-time prediction market, raised $300M led by @1789Capital.

💎 @Felixpago — Fintech platform, raised $200M in Series B by @a16z, @QEDInvestors, @CastleIslandVC & others.

💎 Cari Network — The bank-governed digital money network, raised $32.5M by First Horizon Bank, Huntington Bank, KeyBank & others.

💎 @openreservebank — Blockchain-native digital bank, raised $25M in seed round by @a16zcrypto, @cbventures, @jumpcapital & others.

💎 @DiameterPay — Stablecoin payments infrastructure, raised $10M in Series A by @CMT_Digital, @FactionVC, SixThirty Ventures & others.

💎 @Firelightfi — Decentralized risk cover protocol, raised $8M in seed round by @GumiCryptos, @Maven11Capital, @metalayervc & others.

[Firelight @Firelightfi]

@ShardingCapital Thank you for featuring our raise! 🔥

[СryptoTotem @CryptoTotem]

Welcome to the CryptoTotem!
We added new #crypto projects to our website:

@Watt2Trade @flop_labs @Interstice_Dig @rep_hq @Firelightfi @XStableRWA @KrownNetwork @Elyon_Chain @BlackboardFi @mndsetx @PlayChainspin

We are on a daily hunt for the most exciting #Blockchain and #Web3 startups, If you like one of these projects, support us by liking.

What project (startup) would you like to see in the next review?

Follow us so you don't miss the next announcements: https://t.co/wEJefLWlRl

[ciel @34k5731]

So the roadmap is finally out. from the day the XRP FLR community first sat with the idea of defi insurance, to phase 1 staking FXRP on @firelight for points, then the $8m seed, audits done, consortium done — now phase 2 is just until the end of september. that’s when the protocol goes live, staked capital starts backing real cover, the first partners get announced, and early october is when rewards land. this is the interesting part: no more farming points. now we see whether xrp on flare actually becomes capital that protects defi.

[Firelight @Firelightfi]

The Firelight Protocol roadmap is LIVE!

We have recently completed significant milestones, including our $8M Seed Round and full protocol audits.

Looking ahead, we are preparing for the Firelight Protocol launch and the announcement of our first coverage partners at the end of September!

Here's a detailed timeline of our past, ongoing, and upcoming core milestones.

[Firelight @Firelightfi]

@Firelight_Fndt spam account, do not engage

[Quantic @0xQuantic]

~$80B sits in DeFi today, yet only a fraction of a percent is protected by onchain cover.

That is a massive piece of financial infrastructure still waiting to be built.

Firelight starts with XRP as the capital behind that protection. Staked FXRP can back cover for DeFi protocols and vaults, those protocols pay for protection, and stakers can ultimately participate in the fees generated by real usage.

The model is already designed to expand beyond XRP to BTC and XLM.

And this is where Flare’s broader value becomes key: turning assets that historically sat outside smart contract ecosystems into programmable capital that can be used across lending, liquidity, protection and other financial products.

[Jesus Rodriguez @jrdothoughts]

https://t.co/H6m8n8kSA0

[Firelight @Firelightfi]

Join us for the AMA later today to get your questions answered live! 🔥

[Firelight @Firelightfi]

Still have questions about our recent raise or what’s to come in Phase 2?

Join us for a live AMA on Fri, Sept 4, at 9 AM ET! 👇

https://t.co/kIBhoFF64f

[Rémi D'Aoust @RemiDAoust]

@ConnorSullie puts it plainly in the live with @Firelightfi, @metalayervc and @Maven11Capital: « Not the sexy answer but in a near future DeFi will look more boring, but in a good way. DeFi will be major, just behind the scenes. He adds up: DeFi interactions will reach not billions but 👉 trillions, built on top of DeFi rails »

@Firelightfi will sit as the protection layer that fintechs and institutions plug behind their yield products. The end user will use the infrastructure and never know they touched a protocol.

I’m telling you, you are not bullish enough. 📈 🐂

Watch closely 👇

[Firelight @Firelightfi]

@samaisback This is a really comprehensive summary, thank you for sharing it! 🔥

[DΞ'Sama H 🫪 @samaisback]

DeFi has spent years building better ways to move and deploy capital.

But there’s still one major piece missing:

Protection.

What happens when the protocol you trust gets exploited?

This is the problem @Firelightfi is trying to solve.

Here’s the thesis 🧵🔻

[Jesus Rodriguez @jrdothoughts]

Thrilled to partner on this

[Jesus Rodriguez @jrdothoughts]

A lot of insights about @Firelightfi and DeFi cover by @ConnorSullie , @metalayervc and @Maven11Capital

[ciel @34k5731]

Key Takeaways from @Firelightfi X space today

- Launch:Expected by the end of September or early October 2026. (26:36–26:49)
- Day-one coverage
capital:Approximately $100 million. (28:44–28:50)
- 12-month target:Scale coverage capacity to roughly $500 million–$1 billion. (28:50–29:19)
- Initial priority:Quality institutional counterparties over headline capital volume.
- Launch partners:*Not yet disclosed; Connor said they would be revealed within the next few weeks. (29:20–29:30)

[Firelight @Firelightfi]

Still have questions about our recent raise or what’s to come in Phase 2?

Join us for a live AMA on Fri, Sept 4, at 9 AM ET! 👇

https://t.co/kIBhoFF64f

[We Don't Have To Live Like This @SocietyLikeThis]

Last week of September launch date!

[Firelight @Firelightfi]

Join us live with @Maven11Capital & @metalayervc as we discuss the Firelight fundraise and what's next for the industry

[Firelight @Firelightfi]

Firelight Fundraise: Protecting the Next Wave of DeFi https://t.co/3ZQTRFXjNp