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Decentralized lending protocol Morpho raises $175M to build the world’s biggest open credit network

Source: siliconangle.com 1 min read

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Decentralized lending protocol Morpho raises $175M to build the world’s biggest open credit network

You are reading a summary. The full content is hosted on siliconangle.com.

Morpho, a decentralized lending protocol seen as a competitor to Aave, raised $175 million in funding, valuing it at over $2 billion. Paradigm, a16z crypto and Ribbit Capital co-led the round, with additional participation from Apollo Funds, Circle Ventures and VanEck.

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