Wall Street is moving deeper into crypto: Last week, Apollo struck a deal to support onchain lending markets for the first time in history. The deal allows Apollo to acquire up to 90 million MORPHO tokens over 48 months. Just days before that, BlackRock announced it is purchasing UNI tokens alongside its integration of its tokenized BUIDL fund onto Uniswap, where it will be traded by institutions. On February 2nd, Jupiter, the world's leading onchain platform, struck a deal for a $35 million investment from ParaFi Capital, investing directly in the platform's JUP token. Onchain institutional investment activity is heating up.(The Kobeissi Letter)