We’ve just raised $175M, in a round co-led by @paradigm, @a16zcrypto, and @RibbitCapital, the largest raise DeFi has ever seen. Credit is the bedrock of our civilization, but the infrastructure underneath is fragmented, extractive, and closed to most of the world. That is what @Morpho is here to change. Morpho is building the open credit network for the world. The global credit market is $ 200T. We are building the infrastructure layer that will move it onchain, and every institution, fintech, and bank that wants to participate in the next era of finance will connect to this network. After four years of being heads down building Morpho, we now count more than $11B in deposits and integrations with leading financial institutions including @Coinbase, @Binance, @FireblocksHQ, @SG_Forge, @krakenfx, @Bitwise, and dozens of others building on Morpho to offer better products to their users. But this is just the beginning. This raise will allow us to accelerate: activating the global credit network at scale, building the go-to-market engine to match our ambition, and bringing more institutions onto the network faster. Having any kind of onchain strategy in this era will mean going through Morpho at some point. Reach out and let's talk. And if you want to help build the open credit network for the world, we have plenty of open roles. Let’s fly 🦋

the people are literally everything

This week Coinbase introduced another option for their users to Earn through Morpho to offer diverse risk profiles! This new High Yield Vault is already reaching $100m after two days ....

Great recap of Morpho Midnight 🦋🕛

Vault Summit is starting in a few hours! Super excited to see DeFi taking over the @NYSE! This will be our best edition yet with some of the biggest names including @SPGlobal, @apolloglobal, @Visa, @coinbase and many many more!

Great convo with the @centrifuge team!

After more than four years of building, felt the need to clarify why @Morpho exists: Powering human ambition with open access to capital. 👇

Fintechs are good at owning distribution. DeFi is the opportunity for them to also own the infra. Building/owning financial products end to end will deliver truly enhanced experiences.

Crossmint just integrated Morpho into their wallet stack!

What gets me excited about this one is that a bunch of Morpho contributors (contracting through @deel) will be able to actually use the integration in their everyday life...

We’re redefining how the world gets paid. Introducing the Deel stablecoin wallet allowing contractors to hold earnings in DLUSD, earn rewards and spend anywhere. All on @deel. Big thanks to our partners at @Stablecoin @privy_io @tempo @Morpho @SentoraHQ for making this possible.

This one is truly special. Morpho has been a power user of @deel ever since we started! Today we are announcing that we will power Earn for Deel’s new stablecoin product, launching first in Latin America! Millions of contractors can now hold their earnings in a dollar-backed balance and have rewards accrue automatically, without leaving the platform they already use to get paid.

to elaborate, the algo for max growth is basically: 1- wake up 2- sort issues by impact 3- execute the biggest one 4- repeat as much as possible problem is, max impact usually = max pain for one simple reason: if it weren't painful, it'd have been arbitraged away already.

I wrapped 3 weeks across Singapore, Hong Kong, Tokyo, and Seoul. 50 in-person meetings with regulators, fintechs, allocators, and major institutions. A few things stood out: → Asia sits on both ends of the risk curve at once: some of the most aggressive, risk-tolerant players in crypto on one side, and highly institutional actors waiting for regulatory clarity on the other. → Demand for US financial products is real and growing. → Recent hacks rattled some players, but the appetite for onchain finance hasn't gone away. It's maturing. → There's no substitute for being in the room. Asia is the deepest onchain liquidity hub in the world right now, and we've been seriously under-investing here. That changes now.

Morpho is now powering @Trezor to bring stablecoin yield to their 2M users!

Also, Morpho Midnight's code is now public. 1000 lines compressing everything we believe about how lending should work.

Today we are releasing the Morpho Midnight Whitepaper. 2 years of work, starting from a blank page and refined through countless sessions where we challenged every assumption we had about how lending should work onchain.

Morpho is scaling in Asia!

Toughest truth I've had to learn: growth is directly correlated to the amount of pain you can take.