Morpho Association has raised $175 million in a new funding round co-led by Paradigm, a16z crypto, and Ribbit, with participation from Apollo Funds, Circle Ventures, VanEck, Ledger Cathay, Variant, Wintermute Ventures, Prelude, IOSG, Hashkey, Mirana, NJJ Capital, SBI Group, Bpifrance, Bam Azizi, and other strategic partners.
The association supports Morpho, an open blockchain-based credit network focused on programmable credit rails for digital asset lending and borrowing at institutional scale. According to the company, the new capital will be used to deepen technical and commercial integrations with partners and continue building infrastructure for programmable credit products.
The round is Morpho Association’s fourth institutional fundraise since 2021, underscoring continued investor interest in blockchain-based financial infrastructure as firms explore onchain credit markets.
The association supports Morpho, an open blockchain-based credit network focused on programmable credit rails for digital asset lending and borrowing at institutional scale. According to the company, the new capital will be used to deepen technical and commercial integrations with partners and continue building infrastructure for programmable credit products.
The round is Morpho Association’s fourth institutional fundraise since 2021, underscoring continued investor interest in blockchain-based financial infrastructure as firms explore onchain credit markets.