Investors are increasingly backing stablecoin and credit infrastructure rather than decentralized finance (DeFi) lending alone, with Morpho Labs' latest funding round drawing attention to onchain ...
The decentralized lending protocol Morpho, widely regarded as the closest competitor to Aave, said today it has raised $175 million in funding that increases its valuation to more than $2 billion.
Morpho’s recent $175 million raise reflects growing investor bets on onchain credit infrastructure as stablecoin adoption expands. Investors are increasingly backing stablecoin and credit ...
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