On June 9, the lending protocol Morpho announced it has raised $175 million in a round led by Paradigm, a16z crypto, and Ribbit Capital. According to CoinDesk, the platform has over $11 billion in deposits, with institutional clients including Galaxy, Anchorage Digital, and Bitwise. The funds will be used to enhance the infrastructure for institutional lending and programmable credit products.
Morpho Raises $175 Million in Round Led by Paradigm and a16z CryptoForkLog ForkLog: The Iconic Magazine on Digital Economy and FutureCrypto
Morpho Raises $175 Million in Round Led by Paradigm and a16z Crypto
Morpho has secured $175 million in funding led by Paradigm and a16z crypto to enhance its institutional lending infrastructure.
Mercation Admin
June 10, 2026 1 min read
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