Morpho Raises $175M Backed by Paradigm and a16z Crypto
- Morpho secured $175 million from leading crypto and institutional investors worldwide.
- Funding supports expansion of open on-chain credit infrastructure for global financial markets.
- Standard Chartered projects MORPHO token could reach $60 by the year 2030.
Morpho has secured $175 million in a major funding round led by Paradigm, a16z Crypto, and Ribbit Capital. The investment highlights growing confidence in decentralized finance infrastructure as institutions increasingly explore blockchain-based credit markets. Morpho said the new capital will help accelerate its vision of building an open credit network that connects traditional finance with on-chain markets.
Morpho Funding Reflects Rising Institutional Interest
The Morpho funding round also included Apollo Funds, Circle Ventures, VanEck, Ledger, Cathay Innovation, and several strategic investors. The protocol focuses on decentralized lending infrastructure rather than consumer-facing applications, allowing financial platforms to integrate lending and borrowing services directly into their products.
The company said financial institutions are shifting from pilot programs to production-ready blockchain solutions. It believes demand for open credit infrastructure will expand as more financial activity moves onchain.
Morpho added that its long-term goal is to improve global access to capital while making cross-platform lending more efficient.
Morpho Expands DeFi Infrastructure Across Major Platforms
Beyond raising fresh capital, Morpho continues expanding its ecosystem. Its lending infrastructure already supports services used by Coinbase, Robinhood, and Kraken, enabling users to access decentralized lending without interacting directly with DeFi protocols.
The company also announced that payroll platform Deel will integrate Morpho into its network. The rollout starts in Argentina, allowing contractors to earn stablecoin rewards on idle balances before expanding to additional markets.
Standard Chartered recently initiated research coverage on Morpho, projecting the protocol’s native token could reach $60 by 2030. The bank cited expected growth in decentralized finance and increasing demand for tokenized lending infrastructure.
Despite the positive developments, the MORPHO token traded near $1.97 at press time, down about 4% over the previous 24 hours while investors evaluated the long-term impact of the funding round.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
AI, the Fed, and Inventory Divergence: The Logic Behind Gold Price Rebound
Nike (NKE.US) Q1 Financial Report Analysis: From Cost Reduction and Efficiency Improvement to Growth Reshaping, Pace Releases New Signals
In the first quarter, the company's performance met the management's internal expectations. Structural improvements in gross margin and prudent expense control formed the core support for the income statement.
Samsung's HBM4 Price Is Three Times That of HBM3E, Betting on AI Computing Power Arms Race to Reshape Pricing Power
Samsung's HBM4 is priced at $4 per gigabit, more than three times that of HBM3E (approximately $1.5), driven by its stable achievement of the industry-leading transmission speeds of 11.7 Gbps and peak 13 Gbps. TrendForce predicts that the average HBM price will soar 121% next year, and Micron also confirms the price hike trend. Samsung's move aims to use performance differentiation to break SK Hynix's market dominance, shifting the HBM competition logic from “supply qualification” to “performance premium.”
US Stock Market Preview | All Three Major Index Futures Rise; Nonfarm Payroll Data Incoming; Toshiba HDD Expansion Plan Hits Storage Sector
On Friday, October 2nd, before the U.S. stock market opened, futures for the three major U.S. stock indexes all rose.
Crypto prices
More
