Hupzy (Spot On Chain)|Jun 09, 2026 12:07
🔔 DeFi lending protocol Morpho raised $175M at a $2B valuation, led by Paradigm, a16z Crypto, and Ribbit Capital. Additional participants include Apollo Funds, Circle Ventures, and VanEck.
Morpho manages $6.6B in TVL and is already used by Coinbase, Kraken, Anchorage Digital, and Galaxy Digital.
𝗛𝘂𝗽𝘇𝘆 𝘁𝗮𝗸𝗲: A $2B valuation for a DeFi lending protocol at this stage of the cycle is a strong institutional confidence signal. The investor roster is top-tier — this is infrastructure capital, not a speculative bet. For traders, large DeFi funding rounds tend to rotate capital into the broader lending sector (AAVE, COMP, etc.) as the market prices in competitive dynamics. Morpho has no token yet, so there's no direct play — but the $6.6B TVL trajectory suggests this protocol is becoming a meaningful liquidity sink.
--source: https://x.com/WuBlockchain/status/2064314337196421287
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