Morpho Raises Record $175M, Signals Credit Infrastructure as DeFi Focus
Morpho, the on-chain credit protocol, has secured a record $175 million funding round, making it the largest capital raise in DeFi history and signaling that institutional-grade credit infrastructure has become the defining category within decentralized finance in 2026. The round was co-led by Paradigm, a16z crypto, and Ribbit Capital, with additional participation from Apollo Funds,…