Morpho Raises $175M Led by a16z and Paradigm to Build Onchain Credit Infrastructure
[Summary] Decentralized lending protocol Morpho has announced a $175 million funding round co-led by Paradigm, a16z crypto, and Ribbit Capital, aiming to become foundational infrastructure connecting DeFi with Wall Street and global credit markets. Funding Details The round brings together crypto-native heavyweights Paradigm and a16z crypto with Ribbit Capital, which has deep traditional finance roots. This combination signals that onchain credit protocols are now gaining validation from both traditional finance and crypto-native capital. ...