DeFi Insurance Service 'Firelight' Launches XRP Staking Feature

2025/12/04 09:12 (Updated 2025/12/04 11:01)
CoinPost
Written by K.Kobayashi
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DeFi Insurance Service 'Firelight' Launches XRP Staking Feature

Building the DeFi Insurance Market

Firelight, a developer of decentralized finance (DeFi) insurance services, announced on the 3rd the launch of its product, the 'Firelight Protocol'. The Firelight Protocol provides users with opportunities to earn rewards by utilizing idle assets. The service will be expanded in phases, starting with the launch of a staking feature for the cryptocurrency XRP. Firelight's DeFi insurance applies in cases of issues with smart contracts or oracles, as seen with the recent XRP feature.

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Iolite Vol.17

Iolite Vol.17

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Interview with Andrea Baglioni, Head of Capital, Solana Foundation, Iolite FACE Vol. 17 PHOTO & INTERVIEW: Hiroaki Miyata Features: "How to Attend International Conferences" and "Predicting 2026: A Map of the Future of Crypto Assets at a Crossroads" Crypto Journey: "From FASTNAIL to a DAT Company: Convano's Financial Strategy for Holding 21,000 BTC" Interview with Taiyo Azuma, Director of Convano Inc. Series: "An Expert's Perspective on the Fluctuating Crypto Asset Market" by Kasou Nishi Series: Tech and Future by Toshinao Sasaki, etc.

MAGAZINE

Iolite Vol.17

January 2026 issueReleased on 2025/11/29
Interview with Andrea Baglioni, Head of Capital, Solana Foundation, Iolite FACE Vol. 17 PHOTO & INTERVIEW: Hiroaki Miyata Features: "How to Attend International Conferences" and "Predicting 2026: A Map of the Future of Crypto Assets at a Crossroads" Crypto Journey: "From FASTNAIL to a DAT Company: Convano's Financial Strategy for Holding 21,000 BTC" Interview with Taiyo Azuma, Director of Convano Inc. Series: "An Expert's Perspective on the Fluctuating Crypto Asset Market" by Kasou Nishi Series: Tech and Future by Toshinao Sasaki, etc.