Morpho Association raises $175 million for its open credit network
Paradigm, a16z Crypto and Ribbit Capital co-lead financing to expand integrations and blockchain credit infrastructure.
Morpho Association announced a $175 million funding round on June 9, 2026, co-led by Paradigm, a16z Crypto and Ribbit Capital. Backers include Circle Ventures, VanEck, Ledger Cathay, Wintermute Ventures, IOSG, Mirana Ventures, SBI Group, Bpifrance and Bam Azizi.
The association supports Morpho, an open blockchain credit network that financial institutions and fintechs can use to build lending and borrowing products. The capital will fund technical and commercial integrations with partners and further development of its programmable credit infrastructure.
The issuer also named Apollo Funds, Variant, Prelude, Hashkey and NJJ Capital among participants. Fortune reported that the investment involved MORPHO tokens.
Use of funds
Technical and commercial integrations
Open credit network infrastructure