DeFi Protection Protocol Firelight Protocol Raises $8 Million in Funding

DeFi protection protocol Firelight Protocol has secured $8 million in a funding round led by Gumi Cryptos Capital, with participation from Maven 11, Metalayer, Joint Effects, and Tribe Capital. Incubated by DeFi infrastructure provider Sentora, which manages $2.4 billion in assets, the protocol is scheduled to launch in September.