Decentralized lending protocol Morpho raised $175M led by Paradigm, Ribbit Capital, and a16z Crypto in a token sale valuing Morpho at up to $2B (Ben Weiss/Fortune)

Jun 09, 2026 - 14:10
Updated: 2 hours ago
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Morpho decentralized lending protocol logo representing its $175 million token sale.

Ben Weiss / Fortune:
Decentralized lending protocol Morpho raised $175M led by Paradigm, Ribbit Capital, and a16z Crypto in a token sale valuing Morpho at up to $2B  —  Paul Frambot has a message for the “suits” at traditional financial institutions.  “I think TradFi is going to have to wear shorts,” …

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Christopher Holloway

Christopher Holloway is the founder and director of Progressive Robot, a UK-based technology company. A full-stack engineer with more than two decades of experience, he works across PHP development, ecommerce, Linux infrastructure, technical SEO and AI automation, and writes here on technology, AI, hardware and software.

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