Morpho has raised $175 million in a funding round led by a16z crypto, Paradigm, and Ribbit Capital, valuing the platform at up to $2 billion.

Morpho’s founders want to bring DeFi mainstream.

Morpho raises $175M at a $2B valuation led by Paradigm, a16z Crypto, and Ribbit Capital. Apollo Funds and VanEck join as DeFi lending infrastructure draws institutional capital.