Morpho On-Chain Credit Raises $175M for Banks
Key Takeaways Morpho closed a $175 million round co-led by Paradigm, a16z crypto, and Ribbit Capital in June 2026. The funding supports on-chain credit infrastructure built specifically for banks, asset managers, and pension funds. This raise shows that regulated institutions are moving from curiosity about DeFi to active infrastructure deployment. Morpho just closed one of...
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