Summary
Morpho, a French decentralized finance (DeFi) company, has raised $175 million in a major funding round.
Summary of transaction details:
- Value: $175 million
- Sector: Fintech
- Advisor: null
- Key Entities: Morpho, Paradigm, Ribbit Capital, a16z crypto
- Location: null
Note: Morpho aims to establish itself as a foundational technology layer for banks and asset managers looking to distribute credit.
Lead Investor / Acquirer
Paradigm
Lead Investor / Acquirer
Ribbit Capital
Lead Investor / Acquirer
a16z crypto
Advising Broker
Undisclosed Firm
Related Deals in Fintech
Growth prioritisedOriginal Source
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