⚡️ @MorphoLabs raises $50M in a strategic funding round led by Ribbit Capital

Morpho, a decentralized cryptocurrency lending protocol, has closed its $50M strategic funding round led by Ribbit Capital. Among other round participants are @a16zcrypto, @Cbventures, @Variantfund, @PanteraCapital, @BHDigitalAssets, @BlockTower, @Krakenfx Ventures, @Hack_vc, @IOSGVC, @RockawayX_Infra, @SemanticVC, @Mirana, @CherryVentures, @Fenbushi, @LBV_VC, and @Robotventures, among others. Back in July 2022, Morpho raised another $18M from a16z, Variant, Coinbase Ventures, and others. Morpho develops a base infrastructure that others can build crypto lending applications on with their own risk-management strategies.

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