via The Block · By The Block Editorial
MORPHO/USDT
$10,461,146.39
$2.03 / $1.906
Change: $0.1240 (6.51%)
+0.0006%
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Morpho, the onchain lending protocol, has raised $175 million in a funding round co-led by Paradigm, a16z crypto, and Ribbit Capital to build what the company calls the "open credit network for the world," the Morpho Association announced Tuesday.
The round valued the protocol at up to $2 billion, Fortune first reported, and drew additional participation from Apollo Funds, Circle Ventures…
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