Blockchain lending protocol Morpho has raised $175 million in a major funding round co-led by Paradigm, a16z crypto, and Ribbit Capital, underscoring growing investor confidence in the future of onchain credit markets and decentralized finance infrastructure. Additional participants in the funding round included Apollo Funds, Circle Ventures, VanEck, and Ledger Cathay.
Morpho raised $175 million in a funding round co-led by Paradigm, a16z crypto and Ribbit, with participation from Apollo Funds, Circle Ventures, VanEck and Ledger Cathay, among other strategic investors.
Decentralized lending platform Morpho has secured $175 million in its latest funding round, highlighting the rise of curated lending vaults.