Decentralized lending protocol Morpho has secured $175 million in a funding round that values the company at over $2 billion, marking a significant follow-on investment. Co-led by Paradigm, a16z crypto, and Ribbit Capital, with participation from Apollo Funds and Circle Ventures, the funds will be used to build what the company aims to be the world's largest open credit network. This capital injection follows previous funding rounds and signals strong investor confidence in Morpho's growth trajectory.
