Morpho Raises $175M at $2B Valuation as Paradigm and A16z Back DeFi Push

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Morpho logo on mobile phone with chart in backgroundMorpho 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 $6.6B Morpho has raised $175 million in fresh funding, giving the […]

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