Morpho raises $50M in a Strategic funding round

#Morpho secures $50M in a Strategic funding round led by Ribbit Capital with participation from a16z crypto, Coinbase Ventures, Variant, Pantera Capital, Brevan Howard, Mirana Ventures, BlockTower, Hack VC, IOSG Ventures, Fenbushi Capital, Robot Ventures, Kraken Ventures and others. Raised funds will further enhance Morpho's decentralization and support its mission to make financial infrastructure a public good.

Morpho is a decentralized P2P lending protocol with different entities and individuals contributing to its development and adoption.

👉 morpho.mirror.xyz/bgUB21hQoy-w7T9je7sEpgTp4EsMMkwbO3sFJmWAwGw

MAJOR RECENT CRYPTO FUNDRAISING EVENTS

#Morpho #Andrena #Layer2Financial #Vessel #Daylight #Cartridge #HyperbolicLabs #PentagonGames

📈 Lending protocols have added ~$5B in active loans year to date

$AAVE , the leading lending protocol by TVL, accounts for ~$4.5B of this increase. In contrast to the previous ATH in ‘21, both #Spark and #Morpho have entered the top 3, with ~$1.7 and ~$1.1B in active loans, respectively.

Moonwell introduces Isolated Markets, where users can supply and borrow specific assets using designated collateral through specialized lending pools powered by Morpho Blue, a trustless and immutable lending primitive.

#Moonwell #Morpho #MorphoLabs #BinanceTurns7 #BTC_Bounce_Back_to_57k