Morpho Association said it has raised $175 million in a funding round led by Paradigm, a16z crypto, and Ribbit Capital, underscoring continued investor appetite for infrastructure that can bridge traditional credit markets with onchain finance even as macro uncertainty keeps risk assets on edge. The round, reported Saturday ET, also drew participation from a slate of strategic investors including Apollo Funds, Circle Ventures, VanEck, Ledger, and Cathay Innovation.
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