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Morpho Raises $175M in One of DeFi's Largest-Ever Funding Rounds

Morpho Association has raised $175 million in a funding round co-led by Paradigm, a16z Crypto, and Ribbit Capital, the protocol announced on X Tuesday morning. The financing comes at a $2 billion valuation and ranks amon...

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Morpho Raises $175M in One of DeFi's Largest-Ever Funding Rounds
Morpho Association has raised $175 million in a funding round co-led by Paradigm, a16z Crypto, and Ribbit Capital, the protocol announced on X Tuesday morning. The financing comes at a $2 billion valuation and ranks among the largest fundraises in decentralized finance to date, according to... Read the full story at The Defiant

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This maps to the DeFi hub, so it can help confirm whether that theme is gaining breadth across the crypto news cycle.

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