source avatarandrew.moh

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A major distribution channel of @FlareNetworks has just made an extraordinary move during the odds. @Firelightfi, currently handling over $75.3m in staked FXRP, has just secured an $8m seed round led by @GumiCryptos. With this fresh fuel, Firelight is focusing on 2 pillars in the next run: + routing idle institutional capital through low correlation-to-DeFi markets like XRP, and soon BTC and XLM (with phase 2 of yield payout is expected to go live this September) + pushing further Phase 2 to boost users with Firelight Points In case you're into the XRPFi ecosystem and an FXRP holder, Firelight should be the core DeFi house for all your FXRP strategies.

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