Hugo Philion
Co-founder and CEO, Flare
A BLOCKSTER COMPANY STATION
Flare.
The blockchain for data, and XRP in DeFi.
FLARE / COMPANY PROFILE
Company website
Flare, at a glance.
Flare is an EVM-compatible Layer 1 blockchain with enshrined data protocols, including the Flare Time Series Oracle and the Flare Data Connector. Its FAssets system brings assets without smart contracts, starting with XRP as FXRP, into DeFi. The Flare Foundation, a non-profit, supports the network’s growth.
- Mainnet
- 2022Genesis in July 2022
- FXRP minted
- 150M+Company-reported · Oct 2026
- FXRP in onchain finance
- 90%+Across seven networks · Company-reported · Oct 2026
- Private round
- $35MAnnounced Feb 23, 2024
The company
- Industry
- Blockchain network
- Employees
- 11–50 LinkedIn range ↗
- CEO
- Hugo Philion
- Products
- FAssets
Flare Time Series Oracle
Flare Data Connector
Flare Smart Accounts
Flare Confidential Compute - Flare Foundation
- Non-profit, incorporated in the Netherlands
- Website operator
- Flare Ecosystems Limited, British Virgin Islands
THE PEOPLE
Meet the team on LinkedIn ↗Executive leadership
Filip Koprivec
Chief Product Officer, Flare
Max Luck
Head of Ecosystem, Flare
Sources & dates Checked October 8, 2026
- Flare on LinkedIn — employee-size range, checked October 8, 2026; not an exact headcount, and not the wider ecosystem.
- Flare homepage — “The blockchain for data”, an EVM-compatible Layer 1 with enshrined data protocols, and its products, as displayed October 8, 2026; Terms of Service and Privacy Policy — the website is operated by Flare Ecosystems Limited, formed in the British Virgin Islands.
- The Flare network and FLR token (whitepaper, December 31, 2022) — the Flare Foundation, a non-profit incorporated in the Netherlands.
- Flare launch details — mainnet genesis on or shortly after July 11, 2022; Cointelegraph, January 10, 2023 — the FLR token distribution began January 9, 2023.
- Firelight Is Live, Backed by Staked FXRP on Flare — FXRP has passed 150 million minted, with more than 90% deployed in onchain finance across seven networks; published by Flare, October 6, 2026. Company-reported figures. One year of FXRP on Flare — FAssets went live on Flare mainnet with FXRP on September 24, 2025.
- CoinDesk, February 23, 2024 — Flare raised $35 million in a private round that included Kenetic, Aves Lair and others.
- Leadership roles, as Flare states them: Hex Trust announcement, February 5, 2026 (Hugo, Co-Founder and CEO of Flare); FLR on Hyperliquid, September 17, 2025 (Filip, Chief Product Officer at Flare); TrustSwap launchpad live on Flare, July 10, 2025 (Max, Head of Ecosystem at Flare).
- Portrait: Swell 2026 speakers / Hugo.
- The 2024 private round describes that financing, not total funding or a current valuation.