Morpho successfully raised 175 million USD, reaching a valuation of 2 billion USD


The lending protocol (Lending) in the Top 2 markets – Morpho – just announced the completion of a funding round worth 175 million USD, increasing the project's total valuation to 2 billion USD. This funding round was led by major funds including Paradigm, Ribbit Capital, and a16z crypto. Additionally, the project attracted capital from Apollo Funds, along with venture investment arms of Circle and VanEck.
With a total value locked (TVL) exceeding 7 billion USD, Morpho is currently significantly closing the gap with the leading position of Aave. This is one of the few projects maintaining strong development progress (build) and keeping token price stability throughout the period.
MORPHO13,49%
AAVE4,59%
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