Morpho Raises $175M in One of DeFi's Largest-Ever Funding Rounds

Morpho Association has raised $175 million in a round co-led by Paradigm, a16z Crypto, and Ribbit Capital, with Apollo Funds and VanEck among the strategic participants. The round, which values Morpho at $2 billion, is among the largest fundraises in DeFi history.

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