Morpho raised $175 million in a new financing round.
Morpho has just raised 175 million dollars and confirms its change of scale in crypto. The French unicorn now aims to establish itself as one of the major infrastructures of onchain credit.
MORPHO rebounded toward key resistance as volume surged, while Funding Rates recovered from extreme lows.
Morpho raised $175 million co-led by Paradigm, a16z crypto, and Ribbit Capital, with Apollo Funds, Circle Ventures, and VanEck participating, in one of DeFi's largest rounds; Fortune reported a $2 billion valuation.
Morpho has raised $175 million in a funding round led by Paradigm, A16z Crypto, and Ribbit Capital. The DeFi lending protocol is now valued at about $2 billion as it expands from crypto-native markets into institutional finance. Morpho Targets Institutional Finance as TVL Hits $6.
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.
Platform focuses on delivering open credit infrastructure to financial institutions
Morpho plans to build an open blockchain-based credit network to connect decentralized finance, Wall Street, and global markets.
Morpho's funding surge underscores DeFi's growing appeal to traditional finance, potentially accelerating blockchain integration in banking. DeFi lender Morpho nears $2B valuation after $175M raise led by Paradigm and a16z.
Morpho's new protocol offers fixed rates and set maturity dates to replace floating-rate pool lending