[Bitwise Launches On-Chain Vault via Morpho] According to Golden Finance, Bitwise has launched its first on-chain vault on the DeFi lending protocol Morpho, with funds directed toward the over-collateralized lending market. This vault uses USDC as its core asset, with Bitwise responsible for strategy design and risk management. User funds remain non-custodial and fully on-chain, marking its official entry into the DeFi sector.